Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$44,859Cash toward the purchase price.
Closing costs + prepaids$15,639Not just lender fees.
Before credits & paid funds$60,498The complete starting cash picture.
Estimated remaining funds due at closing
$60,498No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$44,859.00
Your down payment$44,859.00
Closing costs + prepaids$15,639.22
Total buyer cash needed$60,498.22
Remaining funds due$60,498.22
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,795.00
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)$1,421.00
Initial HOA (3 months)$534.00
Prepaid interest, first (31 days)$2,414.22
Fees + prepaids$15,639.22
Your down payment is the seller’s equity. You take over the $434,641 balance, so the rest of the $479,500 price is paid at closing. A second mortgage can cover part of it. $60,498.22 is due at closing. Uses and sources reconcile at $495,139.22 each. Not a Closing Disclosure.