Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$42,979Cash toward the purchase price.
Closing costs + prepaids$13,479Not just lender fees.
Before credits & paid funds$56,458The complete starting cash picture.
Estimated remaining funds due at closing
$56,458No 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$13,478.96
Total buyer cash needed$56,458.17
Remaining funds due$56,458.17
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 (18 days)$1,506.46
Fees + prepaids$13,478.96
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. $56,458.17 is due at closing. Uses and sources reconcile at $493,478.96 each. Not a Closing Disclosure.