Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$402,562Cash toward the purchase price.
Closing costs + prepaids$11,935Not just lender fees.
Before credits & paid funds$414,496The complete starting cash picture.
Estimated remaining funds due at closing
$414,496No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$402,561.58
Your down payment$402,561.58
Closing costs + prepaids$11,934.90
Total buyer cash needed$414,496.47
Remaining funds due$414,496.47
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,850.00
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)$308.50
Initial HOA (3 months)$75.99
Prepaid interest, first (20 days)$225.41
Fees + prepaids$11,934.90
Your down payment is the seller’s equity. You take over the $82,438 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $414,496.47 is due at closing. Uses and sources reconcile at $496,934.90 each. Not a Closing Disclosure.