Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$238,695Cash toward the purchase price.
Closing costs + prepaids$11,969Not just lender fees.
Before credits & paid funds$250,663The complete starting cash picture.
Estimated remaining funds due at closing
$250,663No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$238,694.53
Your down payment$238,694.53
Closing costs + prepaids$11,968.66
Total buyer cash needed$250,663.19
Remaining funds due$250,663.19
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,700.00
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)$564.00
Prepaid interest, first (12 days)$229.66
Fees + prepaids$11,968.66
Your down payment is the seller’s equity. You take over the $231,305 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $250,663.19 is due at closing. Uses and sources reconcile at $481,968.66 each. Not a Closing Disclosure.