Follow the dollars · Assumption only
A complete cash picture for Dec 13, 2026
Your down payment$466,215Cash toward the purchase price.
Closing costs + prepaids$12,193Not just lender fees.
Before credits & paid funds$478,407The complete starting cash picture.
Estimated remaining funds due at closing
$478,407No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$466,214.73
Your down payment$466,214.73
Closing costs + prepaids$12,192.75
Total buyer cash needed$478,407.48
Remaining funds due$478,407.48
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,050.00
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)$236.00
Initial HOA (3 months)$288.00
Prepaid interest, first (19 days)$143.75
Fees + prepaids$12,192.75
Your down payment is the seller’s equity. You take over the $38,785 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $478,407.48 is due at closing. Uses and sources reconcile at $517,192.75 each. Not a Closing Disclosure.