Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$124,636Cash toward the purchase price.
Closing costs + prepaids$12,286Not just lender fees.
Before credits & paid funds$136,922The complete starting cash picture.
Estimated remaining funds due at closing
$136,922No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$124,635.74
Your down payment$124,635.74
Closing costs + prepaids$12,285.96
Total buyer cash needed$136,921.70
Remaining funds due$136,921.70
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)$150.00
Prepaid interest, first (12 days)$340.96
Fees + prepaids$12,285.96
Your down payment is the seller’s equity. You take over the $350,364 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $136,921.70 is due at closing. Uses and sources reconcile at $487,285.96 each. Not a Closing Disclosure.