Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$55,733Cash toward the purchase price.
Closing costs + prepaids$13,245Not just lender fees.
Before credits & paid funds$68,978The complete starting cash picture.
Estimated remaining funds due at closing
$68,978No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,732.63
Your down payment$55,732.63
Closing costs + prepaids$13,245.33
Total buyer cash needed$68,977.95
Remaining funds due$68,977.95
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)$1,803.25
Initial HOA (3 months)$8.76
Prepaid interest, first (2 days)$158.32
Fees + prepaids$13,245.33
Your down payment is the seller’s equity. You take over the $424,267 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $68,977.95 is due at closing. Uses and sources reconcile at $493,245.33 each. Not a Closing Disclosure.