Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$8,228Cash toward the purchase price.
Closing costs + prepaids$11,980Not just lender fees.
Before credits & paid funds$20,208The complete starting cash picture.
Estimated remaining funds due at closing
$20,208No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$8,227.61
Your down payment$8,227.61
Closing costs + prepaids$11,980.44
Total buyer cash needed$20,208.06
Remaining funds due$20,208.06
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,790.00
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)$401.75
Initial HOA (3 months)$144.99
Prepaid interest, first (2 days)$168.70
Fees + prepaids$11,980.44
Your down payment is the seller’s equity. You take over the $470,772 balance, so the rest of the $479,000 price is paid at closing. A second mortgage can cover part of it. $20,208.06 is due at closing. Uses and sources reconcile at $490,980.44 each. Not a Closing Disclosure.