Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$124,190Cash toward the purchase price.
Closing costs + prepaids$14,587Not just lender fees.
Before credits & paid funds$138,778The complete starting cash picture.
Estimated remaining funds due at closing
$138,778No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$124,190.18
Your down payment$124,190.18
Closing costs + prepaids$14,587.41
Total buyer cash needed$138,777.60
Remaining funds due$138,777.60
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)$495.75
Initial HOA (3 months)$930.00
Prepaid interest, first (31 days)$1,936.66
Fees + prepaids$14,587.41
Your down payment is the seller’s equity. You take over the $350,810 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $138,777.60 is due at closing. Uses and sources reconcile at $489,587.41 each. Not a Closing Disclosure.