Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$47,610Cash toward the purchase price.
Closing costs + prepaids$14,476Not just lender fees.
Before credits & paid funds$62,086The complete starting cash picture.
Estimated remaining funds due at closing
$62,086No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$47,609.67
Your down payment$47,609.67
Closing costs + prepaids$14,476.23
Total buyer cash needed$62,085.91
Remaining funds due$62,085.91
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,000.00
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)$611.00
Prepaid interest, first (29 days)$2,390.23
Fees + prepaids$14,476.23
Your down payment is the seller’s equity. You take over the $452,390 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $62,085.91 is due at closing. Uses and sources reconcile at $514,476.23 each. Not a Closing Disclosure.