Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$491,692Cash toward the purchase price.
Closing costs + prepaids$12,295Not just lender fees.
Before credits & paid funds$503,987The complete starting cash picture.
Estimated remaining funds due at closing
$503,987No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$491,692.13
Your down payment$491,692.13
Closing costs + prepaids$12,295.18
Total buyer cash needed$503,987.31
Remaining funds due$503,987.31
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,150.00
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)$618.00
Prepaid interest, first (12 days)$52.18
Fees + prepaids$12,295.18
Your down payment is the seller’s equity. You take over the $23,308 balance, so the rest of the $515,000 price is paid at closing. A second mortgage can cover part of it. $503,987.31 is due at closing. Uses and sources reconcile at $527,295.18 each. Not a Closing Disclosure.