Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$261,390Cash toward the purchase price.
Closing costs + prepaids$12,630Not just lender fees.
Before credits & paid funds$274,020The complete starting cash picture.
Estimated remaining funds due at closing
$274,020No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$261,389.74
Your down payment$261,389.74
Closing costs + prepaids$12,630.09
Total buyer cash needed$274,019.83
Remaining funds due$274,019.83
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,970.00
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)$80.50
Prepaid interest, first (31 days)$1,104.59
Fees + prepaids$12,630.09
Your down payment is the seller’s equity. You take over the $235,610 balance, so the rest of the $497,000 price is paid at closing. A second mortgage can cover part of it. $274,019.83 is due at closing. Uses and sources reconcile at $509,630.09 each. Not a Closing Disclosure.