Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$119,968Cash toward the purchase price.
Closing costs + prepaids$14,720Not just lender fees.
Before credits & paid funds$134,688The complete starting cash picture.
Estimated remaining funds due at closing
$134,688No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,967.53
Your down payment$119,967.53
Closing costs + prepaids$14,720.36
Total buyer cash needed$134,687.89
Remaining funds due$134,687.89
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,880.00
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)$1,220.00
Initial HOA (3 months)$1,167.00
Prepaid interest, first (31 days)$978.36
Fees + prepaids$14,720.36
Your down payment is the seller’s equity. You take over the $368,032 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $134,687.89 is due at closing. Uses and sources reconcile at $502,720.36 each. Not a Closing Disclosure.