Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$37,876Cash toward the purchase price.
Closing costs + prepaids$13,895Not just lender fees.
Before credits & paid funds$51,771The complete starting cash picture.
Estimated remaining funds due at closing
$51,771No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$37,876.03
Your down payment$37,876.03
Closing costs + prepaids$13,895.23
Total buyer cash needed$51,771.26
Remaining funds due$51,771.26
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,889.00
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)$470.75
Initial HOA (3 months)$333.00
Prepaid interest, first (20 days)$1,727.48
Fees + prepaids$13,895.23
Your down payment is the seller’s equity. You take over the $451,024 balance, so the rest of the $488,900 price is paid at closing. A second mortgage can cover part of it. $51,771.26 is due at closing. Uses and sources reconcile at $502,795.23 each. Not a Closing Disclosure.