Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$84,083Cash toward the purchase price.
Closing costs + prepaids$14,204Not just lender fees.
Before credits & paid funds$98,287The complete starting cash picture.
Estimated remaining funds due at closing
$98,287No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$84,083.00
Your down payment$84,083.00
Closing costs + prepaids$14,203.98
Total buyer cash needed$98,286.98
Remaining funds due$98,286.98
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)$826.50
Initial HOA (3 months)$168.00
Prepaid interest, first (27 days)$1,684.48
Fees + prepaids$14,203.98
Your down payment is the seller’s equity. You take over the $420,917 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $98,286.98 is due at closing. Uses and sources reconcile at $519,203.98 each. Not a Closing Disclosure.