Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$41,483Cash toward the purchase price.
Closing costs + prepaids$13,195Not just lender fees.
Before credits & paid funds$54,678The complete starting cash picture.
Estimated remaining funds due at closing
$54,678No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,483.05
Your down payment$41,483.05
Closing costs + prepaids$13,194.94
Total buyer cash needed$54,677.99
Remaining funds due$54,677.99
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)$317.25
Prepaid interest, first (20 days)$1,602.69
Fees + prepaids$13,194.94
Your down payment is the seller’s equity. You take over the $438,517 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $54,677.99 is due at closing. Uses and sources reconcile at $493,194.94 each. Not a Closing Disclosure.