Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$23,836Cash toward the purchase price.
Closing costs + prepaids$13,075Not just lender fees.
Before credits & paid funds$36,911The complete starting cash picture.
Estimated remaining funds due at closing
$36,911No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$23,836.15
Your down payment$23,836.15
Closing costs + prepaids$13,075.11
Total buyer cash needed$36,911.26
Remaining funds due$36,911.26
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,750.00
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)$570.00
Initial HOA (3 months)$270.00
Prepaid interest, first (12 days)$1,010.11
Fees + prepaids$13,075.11
Your down payment is the seller’s equity. You take over the $451,164 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $36,911.26 is due at closing. Uses and sources reconcile at $488,075.11 each. Not a Closing Disclosure.