Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$392,619Cash toward the purchase price.
Closing costs + prepaids$12,253Not just lender fees.
Before credits & paid funds$404,872The complete starting cash picture.
Estimated remaining funds due at closing
$404,872No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$392,619.16
Your down payment$392,619.16
Closing costs + prepaids$12,253.28
Total buyer cash needed$404,872.44
Remaining funds due$404,872.44
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)$178.28
Fees + prepaids$12,253.28
Your down payment is the seller’s equity. You take over the $107,381 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $404,872.44 is due at closing. Uses and sources reconcile at $512,253.28 each. Not a Closing Disclosure.