Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$41,577Cash toward the purchase price.
Closing costs + prepaids$15,287Not just lender fees.
Before credits & paid funds$56,863The complete starting cash picture.
Estimated remaining funds due at closing
$56,863No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,576.80
Your down payment$41,576.80
Closing costs + prepaids$15,286.59
Total buyer cash needed$56,863.39
Remaining funds due$56,863.39
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,890.00
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)$1,234.25
Initial HOA (3 months)$297.00
Prepaid interest, first (30 days)$2,390.34
Fees + prepaids$15,286.59
Your down payment is the seller’s equity. You take over the $447,423 balance, so the rest of the $489,000 price is paid at closing. A second mortgage can cover part of it. $56,863.39 is due at closing. Uses and sources reconcile at $504,286.59 each. Not a Closing Disclosure.