Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$40,574Cash toward the purchase price.
Closing costs + prepaids$14,082Not just lender fees.
Before credits & paid funds$54,657The complete starting cash picture.
Estimated remaining funds due at closing
$54,657No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,574.43
Your down payment$40,574.43
Closing costs + prepaids$14,082.45
Total buyer cash needed$54,656.87
Remaining funds due$54,656.87
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)$1,128.00
Prepaid interest, first (12 days)$991.45
Fees + prepaids$14,082.45
Your down payment is the seller’s equity. You take over the $449,426 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $54,656.87 is due at closing. Uses and sources reconcile at $504,082.45 each. Not a Closing Disclosure.