Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$235,519Cash toward the purchase price.
Closing costs + prepaids$11,911Not just lender fees.
Before credits & paid funds$247,430The complete starting cash picture.
Estimated remaining funds due at closing
$247,430No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$235,518.74
Your down payment$235,518.74
Closing costs + prepaids$11,911.17
Total buyer cash needed$247,429.91
Remaining funds due$247,429.91
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,700.00
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)$564.00
Prepaid interest, first (10 days)$172.17
Fees + prepaids$11,911.17
Your down payment is the seller’s equity. You take over the $234,481 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $247,429.91 is due at closing. Uses and sources reconcile at $481,911.17 each. Not a Closing Disclosure.