Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$274,536Cash toward the purchase price.
Closing costs + prepaids$12,515Not just lender fees.
Before credits & paid funds$287,051The complete starting cash picture.
Estimated remaining funds due at closing
$287,051No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$274,536.03
Your down payment$274,536.03
Closing costs + prepaids$12,514.70
Total buyer cash needed$287,050.73
Remaining funds due$287,050.73
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,945.00
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)$593.50
Initial HOA (3 months)$345.00
Prepaid interest, first (9 days)$156.20
Fees + prepaids$12,514.70
Your down payment is the seller’s equity. You take over the $219,964 balance, so the rest of the $494,500 price is paid at closing. A second mortgage can cover part of it. $287,050.73 is due at closing. Uses and sources reconcile at $507,014.70 each. Not a Closing Disclosure.