Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$131,935Cash toward the purchase price.
Closing costs + prepaids$14,636Not just lender fees.
Before credits & paid funds$146,571The complete starting cash picture.
Estimated remaining funds due at closing
$146,571No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$131,934.64
Your down payment$131,934.64
Closing costs + prepaids$14,635.91
Total buyer cash needed$146,570.55
Remaining funds due$146,570.55
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)$1,262.50
Initial HOA (3 months)$405.00
Prepaid interest, first (23 days)$1,443.41
Fees + prepaids$14,635.91
Your down payment is the seller’s equity. You take over the $373,065 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $146,570.55 is due at closing. Uses and sources reconcile at $519,635.91 each. Not a Closing Disclosure.