Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$53,975Cash toward the purchase price.
Closing costs + prepaids$14,963Not just lender fees.
Before credits & paid funds$68,938The complete starting cash picture.
Estimated remaining funds due at closing
$68,938No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,975.07
Your down payment$53,975.07
Closing costs + prepaids$14,963.33
Total buyer cash needed$68,938.41
Remaining funds due$68,938.41
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)$588.00
Initial HOA (3 months)$1,908.00
Prepaid interest, first (12 days)$1,092.33
Fees + prepaids$14,963.33
Your down payment is the seller’s equity. You take over the $436,025 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $68,938.41 is due at closing. Uses and sources reconcile at $504,963.33 each. Not a Closing Disclosure.