Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$47,089Cash toward the purchase price.
Closing costs + prepaids$12,274Not just lender fees.
Before credits & paid funds$59,363The complete starting cash picture.
Estimated remaining funds due at closing
$59,363No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$47,088.67
Your down payment$47,088.67
Closing costs + prepaids$12,274.26
Total buyer cash needed$59,362.92
Remaining funds due$59,362.92
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)$725.00
Initial HOA (3 months)$200.01
Prepaid interest, first (1 days)$74.25
Fees + prepaids$12,274.26
Your down payment is the seller’s equity. You take over the $432,911 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $59,362.92 is due at closing. Uses and sources reconcile at $492,274.26 each. Not a Closing Disclosure.