Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$59,472Cash toward the purchase price.
Closing costs + prepaids$12,653Not just lender fees.
Before credits & paid funds$72,125The complete starting cash picture.
Estimated remaining funds due at closing
$72,125No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$59,472.45
Your down payment$59,472.45
Closing costs + prepaids$12,652.68
Total buyer cash needed$72,125.13
Remaining funds due$72,125.13
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,880.00
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)$585.50
Prepaid interest, first (9 days)$712.18
Fees + prepaids$12,652.68
Your down payment is the seller’s equity. You take over the $428,528 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $72,125.13 is due at closing. Uses and sources reconcile at $500,652.68 each. Not a Closing Disclosure.