Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$41,481Cash toward the purchase price.
Closing costs + prepaids$14,899Not just lender fees.
Before credits & paid funds$56,380The complete starting cash picture.
Estimated remaining funds due at closing
$56,380No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,480.80
Your down payment$41,480.80
Closing costs + prepaids$14,898.81
Total buyer cash needed$56,379.61
Remaining funds due$56,379.61
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,200.00
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)$698.25
Initial HOA (3 months)$405.00
Prepaid interest, first (25 days)$2,120.56
Fees + prepaids$14,898.81
Your down payment is the seller’s equity. You take over the $478,519 balance, so the rest of the $520,000 price is paid at closing. A second mortgage can cover part of it. $56,379.61 is due at closing. Uses and sources reconcile at $534,898.81 each. Not a Closing Disclosure.