Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$295,592Cash toward the purchase price.
Closing costs + prepaids$12,821Not just lender fees.
Before credits & paid funds$308,413The complete starting cash picture.
Estimated remaining funds due at closing
$308,413No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$295,592.24
Your down payment$295,592.24
Closing costs + prepaids$12,820.70
Total buyer cash needed$308,412.94
Remaining funds due$308,412.94
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,900.00
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)$492.50
Initial HOA (3 months)$372.00
Prepaid interest, first (31 days)$581.20
Fees + prepaids$12,820.70
Your down payment is the seller’s equity. You take over the $194,408 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $308,412.94 is due at closing. Uses and sources reconcile at $502,820.70 each. Not a Closing Disclosure.