Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$196,895Cash toward the purchase price.
Closing costs + prepaids$12,585Not just lender fees.
Before credits & paid funds$209,480The complete starting cash picture.
Estimated remaining funds due at closing
$209,480No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$196,895.25
Your down payment$196,895.25
Closing costs + prepaids$12,585.19
Total buyer cash needed$209,480.44
Remaining funds due$209,480.44
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,700.00
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)$437.25
Initial HOA (3 months)$291.00
Prepaid interest, first (31 days)$681.94
Fees + prepaids$12,585.19
Your down payment is the seller’s equity. You take over the $273,105 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $209,480.44 is due at closing. Uses and sources reconcile at $482,585.19 each. Not a Closing Disclosure.