Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$39,700Cash toward the purchase price.
Closing costs + prepaids$13,887Not just lender fees.
Before credits & paid funds$53,588The complete starting cash picture.
Estimated remaining funds due at closing
$53,588No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$39,700.08
Your down payment$39,700.08
Closing costs + prepaids$13,887.43
Total buyer cash needed$53,587.51
Remaining funds due$53,587.51
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)$902.50
Initial HOA (3 months)$39.00
Prepaid interest, first (26 days)$1,720.93
Fees + prepaids$13,887.43
Your down payment is the seller’s equity. You take over the $435,300 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $53,587.51 is due at closing. Uses and sources reconcile at $488,887.43 each. Not a Closing Disclosure.