Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$131,515Cash toward the purchase price.
Closing costs + prepaids$13,318Not just lender fees.
Before credits & paid funds$144,833The complete starting cash picture.
Estimated remaining funds due at closing
$144,833No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$131,515.17
Your down payment$131,515.17
Closing costs + prepaids$13,318.15
Total buyer cash needed$144,833.32
Remaining funds due$144,833.32
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,050.00
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)$1,262.50
Initial HOA (3 months)$405.00
Prepaid interest, first (2 days)$125.65
Fees + prepaids$13,318.15
Your down payment is the seller’s equity. You take over the $373,485 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $144,833.32 is due at closing. Uses and sources reconcile at $518,318.15 each. Not a Closing Disclosure.