Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$106,351Cash toward the purchase price.
Closing costs + prepaids$12,909Not just lender fees.
Before credits & paid funds$119,261The complete starting cash picture.
Estimated remaining funds due at closing
$119,261No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$106,351.48
Your down payment$106,351.48
Closing costs + prepaids$12,909.04
Total buyer cash needed$119,260.53
Remaining funds due$119,260.53
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)$593.75
Prepaid interest, first (17 days)$1,090.29
Fees + prepaids$12,909.04
Your down payment is the seller’s equity. You take over the $368,649 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $119,260.53 is due at closing. Uses and sources reconcile at $487,909.04 each. Not a Closing Disclosure.