Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$226,405Cash toward the purchase price.
Closing costs + prepaids$12,719Not just lender fees.
Before credits & paid funds$239,124The complete starting cash picture.
Estimated remaining funds due at closing
$239,124No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$226,404.70
Your down payment$226,404.70
Closing costs + prepaids$12,719.13
Total buyer cash needed$239,123.83
Remaining funds due$239,123.83
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)$1,470.50
Prepaid interest, first (1 days)$23.63
Fees + prepaids$12,719.13
Your down payment is the seller’s equity. You take over the $248,595 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $239,123.83 is due at closing. Uses and sources reconcile at $487,719.13 each. Not a Closing Disclosure.