Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$40,559Cash toward the purchase price.
Closing costs + prepaids$12,615Not just lender fees.
Before credits & paid funds$53,174The complete starting cash picture.
Estimated remaining funds due at closing
$53,174No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,558.65
Your down payment$40,558.65
Closing costs + prepaids$12,615.08
Total buyer cash needed$53,173.73
Remaining funds due$53,173.73
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 (10 days)$820.08
Fees + prepaids$12,615.08
Your down payment is the seller’s equity. You take over the $434,441 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $53,173.73 is due at closing. Uses and sources reconcile at $487,615.08 each. Not a Closing Disclosure.