Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$59,551Cash toward the purchase price.
Closing costs + prepaids$14,063Not just lender fees.
Before credits & paid funds$73,613The complete starting cash picture.
Estimated remaining funds due at closing
$73,613No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$59,550.60
Your down payment$59,550.60
Closing costs + prepaids$14,062.50
Total buyer cash needed$73,613.10
Remaining funds due$73,613.10
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)$779.00
Initial HOA (3 months)$384.99
Prepaid interest, first (27 days)$1,623.51
Fees + prepaids$14,062.50
Your down payment is the seller’s equity. You take over the $420,449 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $73,613.10 is due at closing. Uses and sources reconcile at $494,062.50 each. Not a Closing Disclosure.