Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$488,896Cash toward the purchase price.
Closing costs + prepaids$14,301Not just lender fees.
Before credits & paid funds$503,197The complete starting cash picture.
Estimated remaining funds due at closing
$503,197No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$488,896.32
Your down payment$488,896.32
Closing costs + prepaids$14,301.02
Total buyer cash needed$503,197.33
Remaining funds due$503,197.33
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,730.00
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)$376.75
Prepaid interest, first (31 days)$719.27
Fees + prepaids$14,301.02
Your down payment is the seller’s equity. You take over the $184,104 balance, so the rest of the $673,000 price is paid at closing. A second mortgage can cover part of it. $503,197.33 is due at closing. Uses and sources reconcile at $687,301.02 each. Not a Closing Disclosure.