Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$46,875Cash toward the purchase price.
Closing costs + prepaids$13,968Not just lender fees.
Before credits & paid funds$60,843The complete starting cash picture.
Estimated remaining funds due at closing
$60,843No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$46,874.69
Your down payment$46,874.69
Closing costs + prepaids$13,968.41
Total buyer cash needed$60,843.10
Remaining funds due$60,843.10
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,675.00
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)$457.00
Initial HOA (3 months)$300.00
Prepaid interest, first (26 days)$2,061.41
Fees + prepaids$13,968.41
Your down payment is the seller’s equity. You take over the $420,625 balance, so the rest of the $467,500 price is paid at closing. A second mortgage can cover part of it. $60,843.10 is due at closing. Uses and sources reconcile at $481,468.41 each. Not a Closing Disclosure.