Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$214,744Cash toward the purchase price.
Closing costs + prepaids$12,155Not just lender fees.
Before credits & paid funds$226,899The complete starting cash picture.
Estimated remaining funds due at closing
$226,899No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$214,744.06
Your down payment$214,744.06
Closing costs + prepaids$12,155.02
Total buyer cash needed$226,899.09
Remaining funds due$226,899.09
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,700.00
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)$564.00
Initial HOA (3 months)$180.00
Prepaid interest, first (9 days)$236.02
Fees + prepaids$12,155.02
Your down payment is the seller’s equity. You take over the $255,256 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $226,899.09 is due at closing. Uses and sources reconcile at $482,155.02 each. Not a Closing Disclosure.