Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$494,278Cash toward the purchase price.
Closing costs + prepaids$20,779Not just lender fees.
Before credits & paid funds$515,057The complete starting cash picture.
Estimated remaining funds due at closing
$515,057No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$494,277.59
Your down payment$494,277.59
Closing costs + prepaids$20,779.45
Total buyer cash needed$515,057.04
Remaining funds due$515,057.04
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,490.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,372.50
Initial HOA (3 months)$375.00
Prepaid interest, first (31 days)$1,316.95
Fees + prepaids$20,779.45
Your down payment is the seller’s equity. You take over the $454,722 balance, so the rest of the $949,000 price is paid at closing. A second mortgage can cover part of it. $515,057.04 is due at closing. Uses and sources reconcile at $969,779.45 each. Not a Closing Disclosure.