Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$475,766Cash toward the purchase price.
Closing costs + prepaids$20,741Not just lender fees.
Before credits & paid funds$496,507The complete starting cash picture.
Estimated remaining funds due at closing
$496,507No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$475,765.89
Your down payment$475,765.89
Closing costs + prepaids$20,741.02
Total buyer cash needed$496,506.90
Remaining funds due$496,506.90
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$10,850.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,302.00
Prepaid interest, first (12 days)$1,364.02
Fees + prepaids$20,741.02
Your down payment is the seller’s equity. You take over the $609,234 balance, so the rest of the $1,085,000 price is paid at closing. A second mortgage can cover part of it. $496,506.90 is due at closing. Uses and sources reconcile at $1,105,741.02 each. Not a Closing Disclosure.