Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$28,002Cash toward the purchase price.
Closing costs + prepaids$12,761Not just lender fees.
Before credits & paid funds$40,762The complete starting cash picture.
Estimated remaining funds due at closing
$40,762No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,001.51
Your down payment$28,001.51
Closing costs + prepaids$12,760.52
Total buyer cash needed$40,762.03
Remaining funds due$40,762.03
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
Prepaid interest, first (12 days)$965.52
Fees + prepaids$12,760.52
Your down payment is the seller’s equity. You take over the $446,998 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $40,762.03 is due at closing. Uses and sources reconcile at $487,760.52 each. Not a Closing Disclosure.