Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$9,868Cash toward the purchase price.
Closing costs + prepaids$13,464Not just lender fees.
Before credits & paid funds$23,333The complete starting cash picture.
Estimated remaining funds due at closing
$23,333No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$9,868.41
Your down payment$9,868.41
Closing costs + prepaids$13,464.26
Total buyer cash needed$23,332.68
Remaining funds due$23,332.68
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
Initial HOA (3 months)$180.00
Prepaid interest, first (12 days)$1,041.26
Fees + prepaids$13,464.26
Your down payment is the seller’s equity. You take over the $505,132 balance, so the rest of the $515,000 price is paid at closing. A second mortgage can cover part of it. $23,332.68 is due at closing. Uses and sources reconcile at $528,464.26 each. Not a Closing Disclosure.