Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$196,915Cash toward the purchase price.
Closing costs + prepaids$12,385Not just lender fees.
Before credits & paid funds$209,300The complete starting cash picture.
Estimated remaining funds due at closing
$209,300No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$196,915.33
Your down payment$196,915.33
Closing costs + prepaids$12,385.03
Total buyer cash needed$209,300.36
Remaining funds due$209,300.36
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)$1,119.50
Prepaid interest, first (2 days)$40.53
Fees + prepaids$12,385.03
Your down payment is the seller’s equity. You take over the $278,085 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $209,300.36 is due at closing. Uses and sources reconcile at $487,385.03 each. Not a Closing Disclosure.