Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$142,891Cash toward the purchase price.
Closing costs + prepaids$12,788Not just lender fees.
Before credits & paid funds$155,679The complete starting cash picture.
Estimated remaining funds due at closing
$155,679No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$142,890.69
Your down payment$142,890.69
Closing costs + prepaids$12,788.31
Total buyer cash needed$155,679.01
Remaining funds due$155,679.01
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)$762.00
Initial HOA (3 months)$216.00
Prepaid interest, first (18 days)$535.31
Fees + prepaids$12,788.31
Your down payment is the seller’s equity. You take over the $337,109 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $155,679.01 is due at closing. Uses and sources reconcile at $492,788.31 each. Not a Closing Disclosure.