Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$53,975Cash toward the purchase price.
Closing costs + prepaids$16,127Not just lender fees.
Before credits & paid funds$70,102The complete starting cash picture.
Estimated remaining funds due at closing
$70,102No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,975.07
Your down payment$53,975.07
Closing costs + prepaids$16,126.94
Total buyer cash needed$70,102.02
Remaining funds due$70,102.02
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,900.00
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)$568.25
Initial HOA (3 months)$1,908.00
Prepaid interest, first (25 days)$2,275.69
Fees + prepaids$16,126.94
Your down payment is the seller’s equity. You take over the $436,025 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $70,102.02 is due at closing. Uses and sources reconcile at $506,126.94 each. Not a Closing Disclosure.