Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$225,141Cash toward the purchase price.
Closing costs + prepaids$12,517Not just lender fees.
Before credits & paid funds$237,658The complete starting cash picture.
Estimated remaining funds due at closing
$237,658No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$225,140.82
Your down payment$225,140.82
Closing costs + prepaids$12,516.89
Total buyer cash needed$237,657.71
Remaining funds due$237,657.71
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,800.00
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)$1,200.00
Prepaid interest, first (1 days)$41.89
Fees + prepaids$12,516.89
Your down payment is the seller’s equity. You take over the $254,859 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $237,657.71 is due at closing. Uses and sources reconcile at $492,516.89 each. Not a Closing Disclosure.