Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$24,175Cash toward the purchase price.
Closing costs + prepaids$12,551Not just lender fees.
Before credits & paid funds$36,726The complete starting cash picture.
Estimated remaining funds due at closing
$36,726No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$24,175.33
Your down payment$24,175.33
Closing costs + prepaids$12,550.59
Total buyer cash needed$36,725.92
Remaining funds due$36,725.92
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)$570.00
Initial HOA (3 months)$285.00
Prepaid interest, first (6 days)$470.59
Fees + prepaids$12,550.59
Your down payment is the seller’s equity. You take over the $450,825 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $36,725.92 is due at closing. Uses and sources reconcile at $487,550.59 each. Not a Closing Disclosure.