Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$58,117Cash toward the purchase price.
Closing costs + prepaids$12,661Not just lender fees.
Before credits & paid funds$70,778The complete starting cash picture.
Estimated remaining funds due at closing
$70,778No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$58,116.84
Your down payment$58,116.84
Closing costs + prepaids$12,660.78
Total buyer cash needed$70,777.62
Remaining funds due$70,777.62
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,600.00
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)$552.00
Initial HOA (3 months)$106.26
Prepaid interest, first (12 days)$927.52
Fees + prepaids$12,660.78
Your down payment is the seller’s equity. You take over the $401,883 balance, so the rest of the $460,000 price is paid at closing. A second mortgage can cover part of it. $70,777.62 is due at closing. Uses and sources reconcile at $472,660.78 each. Not a Closing Disclosure.