Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$244,254Cash toward the purchase price.
Closing costs + prepaids$12,973Not just lender fees.
Before credits & paid funds$257,228The complete starting cash picture.
Estimated remaining funds due at closing
$257,228No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$244,254.31
Your down payment$244,254.31
Closing costs + prepaids$12,973.46
Total buyer cash needed$257,227.77
Remaining funds due$257,227.77
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,890.00
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)$880.75
Initial HOA (3 months)$106.26
Prepaid interest, first (28 days)$621.45
Fees + prepaids$12,973.46
Your down payment is the seller’s equity. You take over the $244,746 balance, so the rest of the $489,000 price is paid at closing. A second mortgage can cover part of it. $257,227.77 is due at closing. Uses and sources reconcile at $501,973.46 each. Not a Closing Disclosure.