Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$57,839Cash toward the purchase price.
Closing costs + prepaids$12,884Not just lender fees.
Before credits & paid funds$70,723The complete starting cash picture.
Estimated remaining funds due at closing
$70,723No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$57,839.00
Your down payment$57,839.00
Closing costs + prepaids$12,883.72
Total buyer cash needed$70,722.72
Remaining funds due$70,722.72
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,740.00
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)$568.75
Initial HOA (3 months)$264.00
Prepaid interest, first (12 days)$835.97
Fees + prepaids$12,883.72
Your down payment is the seller’s equity. You take over the $416,161 balance, so the rest of the $474,000 price is paid at closing. A second mortgage can cover part of it. $70,722.72 is due at closing. Uses and sources reconcile at $486,883.72 each. Not a Closing Disclosure.