Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$376,125Cash toward the purchase price.
Closing costs + prepaids$12,686Not just lender fees.
Before credits & paid funds$388,811The complete starting cash picture.
Estimated remaining funds due at closing
$388,811No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$376,124.65
Your down payment$376,124.65
Closing costs + prepaids$12,685.91
Total buyer cash needed$388,810.55
Remaining funds due$388,810.55
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)$804.75
Initial HOA (3 months)$210.00
Prepaid interest, first (25 days)$306.16
Fees + prepaids$12,685.91
Your down payment is the seller’s equity. You take over the $112,875 balance, so the rest of the $489,000 price is paid at closing. A second mortgage can cover part of it. $388,810.55 is due at closing. Uses and sources reconcile at $501,685.91 each. Not a Closing Disclosure.