Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$266,315Cash toward the purchase price.
Closing costs + prepaids$12,291Not just lender fees.
Before credits & paid funds$278,606The complete starting cash picture.
Estimated remaining funds due at closing
$278,606No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$266,314.70
Your down payment$266,314.70
Closing costs + prepaids$12,291.29
Total buyer cash needed$278,605.98
Remaining funds due$278,605.98
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$395.25
Initial HOA (3 months)$51.99
Prepaid interest, first (24 days)$569.05
Fees + prepaids$12,291.29
Your down payment is the seller’s equity. You take over the $213,685 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $278,605.98 is due at closing. Uses and sources reconcile at $492,291.29 each. Not a Closing Disclosure.