Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$22,250Cash toward the purchase price.
Closing costs + prepaids$16,232Not just lender fees.
Before credits & paid funds$38,482The complete starting cash picture.
Estimated remaining funds due at closing
$38,482No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$22,250.44
Your down payment$22,250.44
Closing costs + prepaids$16,232.00
Total buyer cash needed$38,482.45
Remaining funds due$38,482.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,990.00
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)$994.50
Initial HOA (3 months)$1,470.00
Prepaid interest, first (26 days)$2,302.50
Fees + prepaids$16,232.00
Your down payment is the seller’s equity. You take over the $476,750 balance, so the rest of the $499,000 price is paid at closing. A second mortgage can cover part of it. $38,482.45 is due at closing. Uses and sources reconcile at $515,232.00 each. Not a Closing Disclosure.