Follow the dollars · Assumption only
A complete cash picture for Dec 28, 2026
Your down payment$226,976Cash toward the purchase price.
Closing costs + prepaids$12,531Not just lender fees.
Before credits & paid funds$239,507The complete starting cash picture.
Estimated remaining funds due at closing
$239,507No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$226,976.33
Your down payment$226,976.33
Closing costs + prepaids$12,530.57
Total buyer cash needed$239,506.90
Remaining funds due$239,506.90
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)$1,211.25
Prepaid interest, first (4 days)$94.32
Fees + prepaids$12,530.57
Your down payment is the seller’s equity. You take over the $248,024 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $239,506.90 is due at closing. Uses and sources reconcile at $487,530.57 each. Not a Closing Disclosure.