Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$224,503Cash toward the purchase price.
Closing costs + prepaids$12,462Not just lender fees.
Before credits & paid funds$236,966The complete starting cash picture.
Estimated remaining funds due at closing
$236,966No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$224,503.45
Your down payment$224,503.45
Closing costs + prepaids$12,462.09
Total buyer cash needed$236,965.54
Remaining funds due$236,965.54
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)$368.50
Initial HOA (3 months)$258.00
Prepaid interest, first (31 days)$610.59
Fees + prepaids$12,462.09
Your down payment is the seller’s equity. You take over the $250,497 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $236,965.54 is due at closing. Uses and sources reconcile at $487,462.09 each. Not a Closing Disclosure.