Follow the dollars · Assumption only
A complete cash picture for Dec 11, 2026
Your down payment$301,834Cash toward the purchase price.
Closing costs + prepaids$12,668Not just lender fees.
Before credits & paid funds$314,502The complete starting cash picture.
Estimated remaining funds due at closing
$314,502No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$301,833.79
Your down payment$301,833.79
Closing costs + prepaids$12,668.33
Total buyer cash needed$314,502.11
Remaining funds due$314,502.11
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)$374.75
Initial HOA (3 months)$417.00
Prepaid interest, first (21 days)$651.58
Fees + prepaids$12,668.33
Your down payment is the seller’s equity. You take over the $173,166 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $314,502.11 is due at closing. Uses and sources reconcile at $487,668.33 each. Not a Closing Disclosure.