Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$50,707Cash toward the purchase price.
Closing costs + prepaids$12,700Not just lender fees.
Before credits & paid funds$63,406The complete starting cash picture.
Estimated remaining funds due at closing
$63,406No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,706.86
Your down payment$50,706.86
Closing costs + prepaids$12,699.56
Total buyer cash needed$63,406.41
Remaining funds due$63,406.41
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,850.00
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)$1,212.50
Prepaid interest, first (2 days)$162.06
Fees + prepaids$12,699.56
Your down payment is the seller’s equity. You take over the $434,293 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $63,406.41 is due at closing. Uses and sources reconcile at $497,699.56 each. Not a Closing Disclosure.