Follow the dollars · Assumption only

A complete cash picture for Dec 22, 2026

Buyers Guide
Your down payment$61,089Cash toward the purchase price.
Closing costs + prepaids$12,855Not just lender fees.
Before credits & paid funds$73,944The complete starting cash picture.
Estimated remaining funds due at closing

No credits or earnest money applied yet.

$73,944

Bridge the purchase gap

From the price to what is still due.

Full purchase gap at closing$61,088.62
Your down payment$61,088.62
Closing costs + prepaids$12,855.28
Total buyer cash needed$73,943.90
Remaining funds due$73,943.90

Closing costs, itemized

Fees first, then prepaids and escrow.

Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,800.00
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)$576.00
Initial HOA (3 months)$396.00
Prepaid interest, first (10 days)$608.28
Fees + prepaids$12,855.28

Your down payment is the seller’s equity. You take over the $418,911 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $73,943.90 is due at closing. Uses and sources reconcile at $492,855.28 each. Not a Closing Disclosure.