Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$486,824Cash toward the purchase price.
Closing costs + prepaids$12,105Not just lender fees.
Before credits & paid funds$498,929The complete starting cash picture.
Estimated remaining funds due at closing
$498,929No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$486,823.90
Your down payment$486,823.90
Closing costs + prepaids$12,104.85
Total buyer cash needed$498,928.75
Remaining funds due$498,928.75
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,000.00
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)$600.00
Prepaid interest, first (12 days)$29.85
Fees + prepaids$12,104.85
Your down payment is the seller’s equity. You take over the $13,176 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $498,928.75 is due at closing. Uses and sources reconcile at $512,104.85 each. Not a Closing Disclosure.