Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$129,469Cash toward the purchase price.
Closing costs + prepaids$12,578Not just lender fees.
Before credits & paid funds$142,047The complete starting cash picture.
Estimated remaining funds due at closing
$142,047No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$129,468.87
Your down payment$129,468.87
Closing costs + prepaids$12,578.17
Total buyer cash needed$142,047.04
Remaining funds due$142,047.04
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)$456.00
Prepaid interest, first (12 days)$327.17
Fees + prepaids$12,578.17
Your down payment is the seller’s equity. You take over the $345,531 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $142,047.04 is due at closing. Uses and sources reconcile at $487,578.17 each. Not a Closing Disclosure.