Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$29,281Cash toward the purchase price.
Closing costs + prepaids$12,990Not just lender fees.
Before credits & paid funds$42,271The complete starting cash picture.
Estimated remaining funds due at closing
$42,271No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$29,281.48
Your down payment$29,281.48
Closing costs + prepaids$12,989.74
Total buyer cash needed$42,271.22
Remaining funds due$42,271.22
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,789.00
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)$574.75
Initial HOA (3 months)$396.00
Prepaid interest, first (9 days)$754.99
Fees + prepaids$12,989.74
Your down payment is the seller’s equity. You take over the $449,619 balance, so the rest of the $478,900 price is paid at closing. A second mortgage can cover part of it. $42,271.22 is due at closing. Uses and sources reconcile at $491,889.74 each. Not a Closing Disclosure.