Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$38,987Cash toward the purchase price.
Closing costs + prepaids$14,144Not just lender fees.
Before credits & paid funds$53,131The complete starting cash picture.
Estimated remaining funds due at closing
$53,131No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$38,986.85
Your down payment$38,986.85
Closing costs + prepaids$14,143.66
Total buyer cash needed$53,130.50
Remaining funds due$53,130.50
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,750.00
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)$706.75
Initial HOA (3 months)$87.51
Prepaid interest, first (26 days)$2,124.40
Fees + prepaids$14,143.66
Your down payment is the seller’s equity. You take over the $436,013 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $53,130.50 is due at closing. Uses and sources reconcile at $489,143.66 each. Not a Closing Disclosure.