Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$15,597Cash toward the purchase price.
Closing costs + prepaids$12,886Not just lender fees.
Before credits & paid funds$28,483The complete starting cash picture.
Estimated remaining funds due at closing
$28,483No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$15,597.36
Your down payment$15,597.36
Closing costs + prepaids$12,885.73
Total buyer cash needed$28,483.09
Remaining funds due$28,483.09
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,799.00
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)$1,223.75
Prepaid interest, first (5 days)$387.98
Fees + prepaids$12,885.73
Your down payment is the seller’s equity. You take over the $464,303 balance, so the rest of the $479,900 price is paid at closing. A second mortgage can cover part of it. $28,483.09 is due at closing. Uses and sources reconcile at $492,785.73 each. Not a Closing Disclosure.