Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$395,909Cash toward the purchase price.
Closing costs + prepaids$13,000Not just lender fees.
Before credits & paid funds$408,909The complete starting cash picture.
Estimated remaining funds due at closing
$408,909No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$395,908.60
Your down payment$395,908.60
Closing costs + prepaids$13,000.13
Total buyer cash needed$408,908.73
Remaining funds due$408,908.73
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)$1,225.00
Prepaid interest, first (26 days)$400.13
Fees + prepaids$13,000.13
Your down payment is the seller’s equity. You take over the $94,091 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $408,908.73 is due at closing. Uses and sources reconcile at $503,000.13 each. Not a Closing Disclosure.