Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$220,881Cash toward the purchase price.
Closing costs + prepaids$11,596Not just lender fees.
Before credits & paid funds$232,476The complete starting cash picture.
Estimated remaining funds due at closing
$232,476No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,880.52
Your down payment$220,880.52
Closing costs + prepaids$11,595.71
Total buyer cash needed$232,476.23
Remaining funds due$232,476.23
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,500.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$540.00
Initial HOA (3 months)$168.00
Prepaid interest, first (9 days)$162.71
Fees + prepaids$11,595.71
Your down payment is the seller’s equity. You take over the $229,119 balance, so the rest of the $450,000 price is paid at closing. A second mortgage can cover part of it. $232,476.23 is due at closing. Uses and sources reconcile at $461,595.71 each. Not a Closing Disclosure.