Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$37,200Cash toward the purchase price.
Closing costs + prepaids$12,817Not just lender fees.
Before credits & paid funds$50,017The complete starting cash picture.
Estimated remaining funds due at closing
$50,017No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$37,199.93
Your down payment$37,199.93
Closing costs + prepaids$12,816.96
Total buyer cash needed$50,016.89
Remaining funds due$50,016.89
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)$66.24
Prepaid interest, first (12 days)$955.72
Fees + prepaids$12,816.96
Your down payment is the seller’s equity. You take over the $437,800 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $50,016.89 is due at closing. Uses and sources reconcile at $487,816.96 each. Not a Closing Disclosure.