Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$42,979Cash toward the purchase price.
Closing costs + prepaids$14,149Not just lender fees.
Before credits & paid funds$57,128The complete starting cash picture.
Estimated remaining funds due at closing
$57,128No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,979.20
Your down payment$42,979.20
Closing costs + prepaids$14,148.50
Total buyer cash needed$57,127.71
Remaining funds due$57,127.71
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)$415.50
Initial HOA (3 months)$282.00
Prepaid interest, first (26 days)$2,176.00
Fees + prepaids$14,148.50
Your down payment is the seller’s equity. You take over the $437,021 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $57,127.71 is due at closing. Uses and sources reconcile at $494,148.50 each. Not a Closing Disclosure.