Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$50,872Cash toward the purchase price.
Closing costs + prepaids$12,872Not just lender fees.
Before credits & paid funds$63,744The complete starting cash picture.
Estimated remaining funds due at closing
$63,744No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,871.78
Your down payment$50,871.78
Closing costs + prepaids$12,871.84
Total buyer cash needed$63,743.61
Remaining funds due$63,743.61
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,850.00
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)$582.00
Prepaid interest, first (12 days)$964.84
Fees + prepaids$12,871.84
Your down payment is the seller’s equity. You take over the $434,128 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $63,743.61 is due at closing. Uses and sources reconcile at $497,871.84 each. Not a Closing Disclosure.