Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$42,950Cash toward the purchase price.
Closing costs + prepaids$12,056Not just lender fees.
Before credits & paid funds$55,006The complete starting cash picture.
Estimated remaining funds due at closing
$55,006No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,949.51
Your down payment$42,949.51
Closing costs + prepaids$12,056.16
Total buyer cash needed$55,005.68
Remaining funds due$55,005.68
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,600.00
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)$552.00
Prepaid interest, first (6 days)$429.16
Fees + prepaids$12,056.16
Your down payment is the seller’s equity. You take over the $417,050 balance, so the rest of the $460,000 price is paid at closing. A second mortgage can cover part of it. $55,005.68 is due at closing. Uses and sources reconcile at $472,056.16 each. Not a Closing Disclosure.