Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$337,258Cash toward the purchase price.
Closing costs + prepaids$12,492Not just lender fees.
Before credits & paid funds$349,750The complete starting cash picture.
Estimated remaining funds due at closing
$349,750No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$337,257.51
Your down payment$337,257.51
Closing costs + prepaids$12,492.01
Total buyer cash needed$349,749.53
Remaining funds due$349,749.53
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)$677.75
Initial HOA (3 months)$210.00
Prepaid interest, first (30 days)$379.26
Fees + prepaids$12,492.01
Your down payment is the seller’s equity. You take over the $137,742 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $349,749.53 is due at closing. Uses and sources reconcile at $487,492.01 each. Not a Closing Disclosure.