Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$345,064Cash toward the purchase price.
Closing costs + prepaids$12,039Not just lender fees.
Before credits & paid funds$357,104The complete starting cash picture.
Estimated remaining funds due at closing
$357,104No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$345,064.48
Your down payment$345,064.48
Closing costs + prepaids$12,039.26
Total buyer cash needed$357,103.74
Remaining funds due$357,103.74
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)$150.00
Prepaid interest, first (10 days)$150.26
Fees + prepaids$12,039.26
Your down payment is the seller’s equity. You take over the $124,936 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $357,103.74 is due at closing. Uses and sources reconcile at $482,039.26 each. Not a Closing Disclosure.