Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$440,867Cash toward the purchase price.
Closing costs + prepaids$12,965Not just lender fees.
Before credits & paid funds$453,833The complete starting cash picture.
Estimated remaining funds due at closing
$453,833No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$440,867.30
Your down payment$440,867.30
Closing costs + prepaids$12,965.26
Total buyer cash needed$453,832.56
Remaining funds due$453,832.56
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)$1,200.00
Initial HOA (3 months)$360.00
Prepaid interest, first (18 days)$130.26
Fees + prepaids$12,965.26
Your down payment is the seller’s equity. You take over the $39,133 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $453,832.56 is due at closing. Uses and sources reconcile at $492,965.26 each. Not a Closing Disclosure.