Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$360,819Cash toward the purchase price.
Closing costs + prepaids$12,543Not just lender fees.
Before credits & paid funds$373,362The complete starting cash picture.
Estimated remaining funds due at closing
$373,362No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$360,819.41
Your down payment$360,819.41
Closing costs + prepaids$12,542.63
Total buyer cash needed$373,362.04
Remaining funds due$373,362.04
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)$692.25
Initial HOA (3 months)$285.00
Prepaid interest, first (31 days)$340.38
Fees + prepaids$12,542.63
Your down payment is the seller’s equity. You take over the $114,181 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $373,362.04 is due at closing. Uses and sources reconcile at $487,542.63 each. Not a Closing Disclosure.