Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$356,633Cash toward the purchase price.
Closing costs + prepaids$12,607Not just lender fees.
Before credits & paid funds$369,240The complete starting cash picture.
Estimated remaining funds due at closing
$369,240No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$356,632.50
Your down payment$356,632.50
Closing costs + prepaids$12,607.10
Total buyer cash needed$369,239.60
Remaining funds due$369,239.60
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)$554.75
Initial HOA (3 months)$375.00
Prepaid interest, first (31 days)$402.35
Fees + prepaids$12,607.10
Your down payment is the seller’s equity. You take over the $123,367 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $369,239.60 is due at closing. Uses and sources reconcile at $492,607.10 each. Not a Closing Disclosure.