Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$60,447Cash toward the purchase price.
Closing costs + prepaids$12,296Not just lender fees.
Before credits & paid funds$72,742The complete starting cash picture.
Estimated remaining funds due at closing
$72,742No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,446.51
Your down payment$60,446.51
Closing costs + prepaids$12,295.67
Total buyer cash needed$72,742.18
Remaining funds due$72,742.18
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)$563.75
Initial HOA (3 months)$396.00
Prepaid interest, first (1 days)$60.92
Fees + prepaids$12,295.67
Your down payment is the seller’s equity. You take over the $419,553 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $72,742.18 is due at closing. Uses and sources reconcile at $492,295.67 each. Not a Closing Disclosure.