Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$251,609Cash toward the purchase price.
Closing costs + prepaids$12,219Not just lender fees.
Before credits & paid funds$263,828The complete starting cash picture.
Estimated remaining funds due at closing
$263,828No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$251,608.56
Your down payment$251,608.56
Closing costs + prepaids$12,219.45
Total buyer cash needed$263,828.01
Remaining funds due$263,828.01
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,940.00
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)$465.00
Initial HOA (3 months)$318.00
Prepaid interest, first (1 days)$21.45
Fees + prepaids$12,219.45
Your down payment is the seller’s equity. You take over the $242,391 balance, so the rest of the $494,000 price is paid at closing. A second mortgage can cover part of it. $263,828.01 is due at closing. Uses and sources reconcile at $506,219.45 each. Not a Closing Disclosure.