Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$5,476Cash toward the purchase price.
Closing costs + prepaids$14,524Not just lender fees.
Before credits & paid funds$20,000The complete starting cash picture.
Estimated remaining funds due at closing
$20,000No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$5,475.68
Your down payment$5,475.68
Closing costs + prepaids$14,524.26
Total buyer cash needed$19,999.95
Remaining funds due$19,999.95
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,899.00
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)$229.25
Initial HOA (3 months)$185.01
Prepaid interest, first (31 days)$2,736.00
Fees + prepaids$14,524.26
Your down payment is the seller’s equity. You take over the $484,424 balance, so the rest of the $489,900 price is paid at closing. A second mortgage can cover part of it. $19,999.95 is due at closing. Uses and sources reconcile at $504,424.26 each. Not a Closing Disclosure.