Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$270,450Cash toward the purchase price.
Closing costs + prepaids$11,953Not just lender fees.
Before credits & paid funds$282,403The complete starting cash picture.
Estimated remaining funds due at closing
$282,403No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$270,450.11
Your down payment$270,450.11
Closing costs + prepaids$11,952.63
Total buyer cash needed$282,402.74
Remaining funds due$282,402.74
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)$401.25
Initial HOA (3 months)$345.00
Prepaid interest, first (2 days)$31.38
Fees + prepaids$11,952.63
Your down payment is the seller’s equity. You take over the $199,550 balance, so the rest of the $470,000 price is paid at closing. A second mortgage can cover part of it. $282,402.74 is due at closing. Uses and sources reconcile at $481,952.63 each. Not a Closing Disclosure.