Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$285,596Cash toward the purchase price.
Closing costs + prepaids$12,194Not just lender fees.
Before credits & paid funds$297,789The complete starting cash picture.
Estimated remaining funds due at closing
$297,789No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$285,595.52
Your down payment$285,595.52
Closing costs + prepaids$12,193.73
Total buyer cash needed$297,789.25
Remaining funds due$297,789.25
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,899.00
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
Prepaid interest, first (12 days)$231.73
Fees + prepaids$12,193.73
Your down payment is the seller’s equity. You take over the $204,304 balance, so the rest of the $489,900 price is paid at closing. A second mortgage can cover part of it. $297,789.25 is due at closing. Uses and sources reconcile at $502,093.73 each. Not a Closing Disclosure.