Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$41,382Cash toward the purchase price.
Closing costs + prepaids$13,986Not just lender fees.
Before credits & paid funds$55,369The complete starting cash picture.
Estimated remaining funds due at closing
$55,369No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,382.25
Your down payment$41,382.25
Closing costs + prepaids$13,986.45
Total buyer cash needed$55,368.70
Remaining funds due$55,368.70
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,039.00
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)$406.00
Initial HOA (3 months)$447.00
Prepaid interest, first (20 days)$1,619.45
Fees + prepaids$13,986.45
Your down payment is the seller’s equity. You take over the $462,518 balance, so the rest of the $503,900 price is paid at closing. A second mortgage can cover part of it. $55,368.70 is due at closing. Uses and sources reconcile at $517,886.45 each. Not a Closing Disclosure.