Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$241,127Cash toward the purchase price.
Closing costs + prepaids$13,420Not just lender fees.
Before credits & paid funds$254,547The complete starting cash picture.
Estimated remaining funds due at closing
$254,547No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$241,127.39
Your down payment$241,127.39
Closing costs + prepaids$13,419.62
Total buyer cash needed$254,547.01
Remaining funds due$254,547.01
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)$1,957.75
Initial HOA (3 months)$37.50
Prepaid interest, first (2 days)$49.37
Fees + prepaids$13,419.62
Your down payment is the seller’s equity. You take over the $248,873 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $254,547.01 is due at closing. Uses and sources reconcile at $503,419.62 each. Not a Closing Disclosure.