Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$193,851Cash toward the purchase price.
Closing costs + prepaids$12,256Not just lender fees.
Before credits & paid funds$206,107The complete starting cash picture.
Estimated remaining funds due at closing
$206,107No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$193,850.94
Your down payment$193,850.94
Closing costs + prepaids$12,255.70
Total buyer cash needed$206,106.65
Remaining funds due$206,106.65
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)$54.00
Prepaid interest, first (12 days)$406.70
Fees + prepaids$12,255.70
Your down payment is the seller’s equity. You take over the $281,149 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $206,106.65 is due at closing. Uses and sources reconcile at $487,255.70 each. Not a Closing Disclosure.