Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$10,758Cash toward the purchase price.
Closing costs + prepaids$14,181Not just lender fees.
Before credits & paid funds$24,940The complete starting cash picture.
Estimated remaining funds due at closing
$24,940No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$10,758.45
Your down payment$10,758.45
Closing costs + prepaids$14,181.07
Total buyer cash needed$24,939.52
Remaining funds due$24,939.52
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,980.00
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)$548.50
Initial HOA (3 months)$282.00
Prepaid interest, first (20 days)$1,895.57
Fees + prepaids$14,181.07
Your down payment is the seller’s equity. You take over the $487,242 balance, so the rest of the $498,000 price is paid at closing. A second mortgage can cover part of it. $24,939.52 is due at closing. Uses and sources reconcile at $512,181.07 each. Not a Closing Disclosure.