Follow the dollars · Assumption only
A complete cash picture for Dec 13, 2026
Your down payment$55,541Cash toward the purchase price.
Closing costs + prepaids$13,401Not just lender fees.
Before credits & paid funds$68,941The complete starting cash picture.
Estimated remaining funds due at closing
$68,941No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,540.69
Your down payment$55,540.69
Closing costs + prepaids$13,400.63
Total buyer cash needed$68,941.32
Remaining funds due$68,941.32
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)$347.00
Initial HOA (3 months)$285.00
Prepaid interest, first (19 days)$1,493.63
Fees + prepaids$13,400.63
Your down payment is the seller’s equity. You take over the $424,459 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $68,941.32 is due at closing. Uses and sources reconcile at $493,400.63 each. Not a Closing Disclosure.