Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$252,175Cash toward the purchase price.
Closing costs + prepaids$12,840Not just lender fees.
Before credits & paid funds$265,015The complete starting cash picture.
Estimated remaining funds due at closing
$265,015No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$252,175.23
Your down payment$252,175.23
Closing costs + prepaids$12,840.00
Total buyer cash needed$265,015.22
Remaining funds due$265,015.22
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,940.00
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)$465.00
Initial HOA (3 months)$318.00
Prepaid interest, first (30 days)$642.00
Fees + prepaids$12,840.00
Your down payment is the seller’s equity. You take over the $241,825 balance, so the rest of the $494,000 price is paid at closing. A second mortgage can cover part of it. $265,015.22 is due at closing. Uses and sources reconcile at $506,840.00 each. Not a Closing Disclosure.