Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$40,042Cash toward the purchase price.
Closing costs + prepaids$15,708Not just lender fees.
Before credits & paid funds$55,750The complete starting cash picture.
Estimated remaining funds due at closing
$55,750No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,042.05
Your down payment$40,042.05
Closing costs + prepaids$15,707.77
Total buyer cash needed$55,749.82
Remaining funds due$55,749.82
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,740.00
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)$1,123.00
Initial HOA (3 months)$1,005.00
Prepaid interest, first (30 days)$2,364.77
Fees + prepaids$15,707.77
Your down payment is the seller’s equity. You take over the $433,958 balance, so the rest of the $474,000 price is paid at closing. A second mortgage can cover part of it. $55,749.82 is due at closing. Uses and sources reconcile at $489,707.77 each. Not a Closing Disclosure.