Follow the dollars · Assumption only
A complete cash picture for Dec 16, 2026
Your down payment$40,017Cash toward the purchase price.
Closing costs + prepaids$13,223Not just lender fees.
Before credits & paid funds$53,241The complete starting cash picture.
Estimated remaining funds due at closing
$53,241No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,017.43
Your down payment$40,017.43
Closing costs + prepaids$13,223.20
Total buyer cash needed$53,240.63
Remaining funds due$53,240.63
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,699.00
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)$587.50
Initial HOA (3 months)$120.00
Prepaid interest, first (16 days)$1,341.70
Fees + prepaids$13,223.20
Your down payment is the seller’s equity. You take over the $429,883 balance, so the rest of the $469,900 price is paid at closing. A second mortgage can cover part of it. $53,240.63 is due at closing. Uses and sources reconcile at $483,123.20 each. Not a Closing Disclosure.