Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$60,480Cash toward the purchase price.
Closing costs + prepaids$15,010Not just lender fees.
Before credits & paid funds$75,490The complete starting cash picture.
Estimated remaining funds due at closing
$75,490No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,479.64
Your down payment$60,479.64
Closing costs + prepaids$15,010.06
Total buyer cash needed$75,489.71
Remaining funds due$75,489.71
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,650.00
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)$1,162.50
Initial HOA (3 months)$1,380.00
Prepaid interest, first (18 days)$1,342.56
Fees + prepaids$15,010.06
Your down payment is the seller’s equity. You take over the $404,520 balance, so the rest of the $465,000 price is paid at closing. A second mortgage can cover part of it. $75,489.71 is due at closing. Uses and sources reconcile at $480,010.06 each. Not a Closing Disclosure.