Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$229,281Cash toward the purchase price.
Closing costs + prepaids$13,393Not just lender fees.
Before credits & paid funds$242,674The complete starting cash picture.
Estimated remaining funds due at closing
$242,674No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$229,280.80
Your down payment$229,280.80
Closing costs + prepaids$13,392.82
Total buyer cash needed$242,673.61
Remaining funds due$242,673.61
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,850.00
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)$1,212.50
Initial HOA (3 months)$195.00
Prepaid interest, first (25 days)$660.32
Fees + prepaids$13,392.82
Your down payment is the seller’s equity. You take over the $255,719 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $242,673.61 is due at closing. Uses and sources reconcile at $498,392.82 each. Not a Closing Disclosure.