Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$53,788Cash toward the purchase price.
Closing costs + prepaids$12,427Not just lender fees.
Before credits & paid funds$66,214The complete starting cash picture.
Estimated remaining funds due at closing
$66,214No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,787.60
Your down payment$53,787.60
Closing costs + prepaids$12,426.58
Total buyer cash needed$66,214.18
Remaining funds due$66,214.18
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,880.00
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)$585.50
Prepaid interest, first (6 days)$486.08
Fees + prepaids$12,426.58
Your down payment is the seller’s equity. You take over the $434,212 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $66,214.18 is due at closing. Uses and sources reconcile at $500,426.58 each. Not a Closing Disclosure.