Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$48,800Cash toward the purchase price.
Closing costs + prepaids$13,615Not just lender fees.
Before credits & paid funds$62,415The complete starting cash picture.
Estimated remaining funds due at closing
$62,415No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$48,799.70
Your down payment$48,799.70
Closing costs + prepaids$13,615.24
Total buyer cash needed$62,414.94
Remaining funds due$62,414.94
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,180.00
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)$621.50
Initial HOA (3 months)$225.00
Prepaid interest, first (12 days)$1,113.74
Fees + prepaids$13,615.24
Your down payment is the seller’s equity. You take over the $469,200 balance, so the rest of the $518,000 price is paid at closing. A second mortgage can cover part of it. $62,414.94 is due at closing. Uses and sources reconcile at $531,615.24 each. Not a Closing Disclosure.