Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$482,832Cash toward the purchase price.
Closing costs + prepaids$12,755Not just lender fees.
Before credits & paid funds$495,587The complete starting cash picture.
Estimated remaining funds due at closing
$495,587No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$482,831.66
Your down payment$482,831.66
Closing costs + prepaids$12,755.45
Total buyer cash needed$495,587.11
Remaining funds due$495,587.11
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)$1,228.50
Initial HOA (3 months)$111.00
Prepaid interest, first (30 days)$40.95
Fees + prepaids$12,755.45
Your down payment is the seller’s equity. You take over the $7,168 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $495,587.11 is due at closing. Uses and sources reconcile at $502,755.45 each. Not a Closing Disclosure.