Follow the dollars · Assumption only

A complete cash picture for Dec 22, 2026

Buyers Guide
Your down payment$45,541Cash toward the purchase price.
Closing costs + prepaids$12,810Not just lender fees.
Before credits & paid funds$58,351The complete starting cash picture.
Estimated remaining funds due at closing

No credits or earnest money applied yet.

$58,351

Bridge the purchase gap

From the price to what is still due.

Full purchase gap at closing$45,540.69
Your down payment$45,540.69
Closing costs + prepaids$12,810.12
Total buyer cash needed$58,350.81
Remaining funds due$58,350.81

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
Initial HOA (3 months)$285.00
Prepaid interest, first (10 days)$786.12
Fees + prepaids$12,810.12

Your down payment is the seller’s equity. You take over the $424,459 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $58,350.81 is due at closing. Uses and sources reconcile at $482,810.12 each. Not a Closing Disclosure.