Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$96,633Cash toward the purchase price.
Closing costs + prepaids$14,417Not just lender fees.
Before credits & paid funds$111,050The complete starting cash picture.
Estimated remaining funds due at closing
$111,050No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$96,633.35
Your down payment$96,633.35
Closing costs + prepaids$14,416.86
Total buyer cash needed$111,050.21
Remaining funds due$111,050.21
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)$467.50
Prepaid interest, first (31 days)$2,424.36
Fees + prepaids$14,416.86
Your down payment is the seller’s equity. You take over the $408,367 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $111,050.21 is due at closing. Uses and sources reconcile at $519,416.86 each. Not a Closing Disclosure.