Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$12,241Cash toward the purchase price.
Closing costs + prepaids$13,130Not just lender fees.
Before credits & paid funds$25,371The complete starting cash picture.
Estimated remaining funds due at closing
$25,371No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$12,241.08
Your down payment$12,241.08
Closing costs + prepaids$13,129.63
Total buyer cash needed$25,370.71
Remaining funds due$25,370.71
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,950.00
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)$594.00
Initial HOA (3 months)$225.00
Prepaid interest, first (9 days)$885.63
Fees + prepaids$13,129.63
Your down payment is the seller’s equity. You take over the $482,759 balance, so the rest of the $495,000 price is paid at closing. A second mortgage can cover part of it. $25,370.71 is due at closing. Uses and sources reconcile at $508,129.63 each. Not a Closing Disclosure.