Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$105,564Cash toward the purchase price.
Closing costs + prepaids$13,769Not just lender fees.
Before credits & paid funds$119,333The complete starting cash picture.
Estimated remaining funds due at closing
$119,333No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$105,564.17
Your down payment$105,564.17
Closing costs + prepaids$13,769.25
Total buyer cash needed$119,333.42
Remaining funds due$119,333.42
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)$548.00
Prepaid interest, first (31 days)$1,946.25
Fees + prepaids$13,769.25
Your down payment is the seller’s equity. You take over the $374,436 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $119,333.42 is due at closing. Uses and sources reconcile at $493,769.25 each. Not a Closing Disclosure.