Follow the dollars · Assumption only
A complete cash picture for Dec 28, 2026
Your down payment$311,627Cash toward the purchase price.
Closing costs + prepaids$12,597Not just lender fees.
Before credits & paid funds$324,224The complete starting cash picture.
Estimated remaining funds due at closing
$324,224No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$311,626.73
Your down payment$311,626.73
Closing costs + prepaids$12,597.14
Total buyer cash needed$324,223.87
Remaining funds due$324,223.87
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
Initial HOA (3 months)$93.75
Prepaid interest, first (4 days)$67.14
Fees + prepaids$12,597.14
Your down payment is the seller’s equity. You take over the $163,373 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $324,223.87 is due at closing. Uses and sources reconcile at $487,597.14 each. Not a Closing Disclosure.