Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$224,503Cash toward the purchase price.
Closing costs + prepaids$12,230Not just lender fees.
Before credits & paid funds$236,734The complete starting cash picture.
Estimated remaining funds due at closing
$236,734No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$224,503.45
Your down payment$224,503.45
Closing costs + prepaids$12,230.27
Total buyer cash needed$236,733.72
Remaining funds due$236,733.72
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)$258.00
Prepaid interest, first (9 days)$177.27
Fees + prepaids$12,230.27
Your down payment is the seller’s equity. You take over the $250,497 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $236,733.72 is due at closing. Uses and sources reconcile at $487,230.27 each. Not a Closing Disclosure.