Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$368,259Cash toward the purchase price.
Closing costs + prepaids$12,635Not just lender fees.
Before credits & paid funds$380,894The complete starting cash picture.
Estimated remaining funds due at closing
$380,894No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$368,258.88
Your down payment$368,258.88
Closing costs + prepaids$12,635.02
Total buyer cash needed$380,893.90
Remaining funds due$380,893.90
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,900.00
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)$1,225.00
Prepaid interest, first (2 days)$35.02
Fees + prepaids$12,635.02
Your down payment is the seller’s equity. You take over the $121,741 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $380,893.90 is due at closing. Uses and sources reconcile at $502,635.02 each. Not a Closing Disclosure.