Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$355,851Cash toward the purchase price.
Closing costs + prepaids$12,276Not just lender fees.
Before credits & paid funds$368,127The complete starting cash picture.
Estimated remaining funds due at closing
$368,127No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$355,851.05
Your down payment$355,851.05
Closing costs + prepaids$12,275.55
Total buyer cash needed$368,126.60
Remaining funds due$368,126.60
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,750.00
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)$652.25
Initial HOA (3 months)$138.00
Prepaid interest, first (18 days)$260.30
Fees + prepaids$12,275.55
Your down payment is the seller’s equity. You take over the $119,149 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $368,126.60 is due at closing. Uses and sources reconcile at $487,275.55 each. Not a Closing Disclosure.