Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$42,546Cash toward the purchase price.
Closing costs + prepaids$12,056Not just lender fees.
Before credits & paid funds$54,602The complete starting cash picture.
Estimated remaining funds due at closing
$54,602No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,545.67
Your down payment$42,545.67
Closing costs + prepaids$12,056.28
Total buyer cash needed$54,601.95
Remaining funds due$54,601.95
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)$415.50
Initial HOA (3 months)$282.00
Prepaid interest, first (1 days)$83.78
Fees + prepaids$12,056.28
Your down payment is the seller’s equity. You take over the $437,454 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $54,601.95 is due at closing. Uses and sources reconcile at $492,056.28 each. Not a Closing Disclosure.