Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$388,138Cash toward the purchase price.
Closing costs + prepaids$12,306Not just lender fees.
Before credits & paid funds$400,443The complete starting cash picture.
Estimated remaining funds due at closing
$400,443No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$388,137.90
Your down payment$388,137.90
Closing costs + prepaids$12,305.51
Total buyer cash needed$400,443.40
Remaining funds due$400,443.40
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,050.00
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)$540.50
Initial HOA (3 months)$228.00
Prepaid interest, first (1 days)$12.01
Fees + prepaids$12,305.51
Your down payment is the seller’s equity. You take over the $116,862 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $400,443.40 is due at closing. Uses and sources reconcile at $517,305.51 each. Not a Closing Disclosure.