Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$349,982Cash toward the purchase price.
Closing costs + prepaids$13,581Not just lender fees.
Before credits & paid funds$363,563The complete starting cash picture.
Estimated remaining funds due at closing
$363,563No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$349,981.95
Your down payment$349,981.95
Closing costs + prepaids$13,580.74
Total buyer cash needed$363,562.69
Remaining funds due$363,562.69
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,000.00
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)$600.00
Initial HOA (3 months)$1,305.00
Prepaid interest, first (12 days)$200.74
Fees + prepaids$13,580.74
Your down payment is the seller’s equity. You take over the $150,018 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $363,562.69 is due at closing. Uses and sources reconcile at $513,580.74 each. Not a Closing Disclosure.