Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$229,283Cash toward the purchase price.
Closing costs + prepaids$13,568Not just lender fees.
Before credits & paid funds$242,851The complete starting cash picture.
Estimated remaining funds due at closing
$242,851No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$229,282.66
Your down payment$229,282.66
Closing costs + prepaids$13,567.95
Total buyer cash needed$242,850.61
Remaining funds due$242,850.61
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,000.00
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)$1,250.00
Initial HOA (3 months)$276.00
Prepaid interest, first (26 days)$566.95
Fees + prepaids$13,567.95
Your down payment is the seller’s equity. You take over the $270,717 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $242,850.61 is due at closing. Uses and sources reconcile at $513,567.95 each. Not a Closing Disclosure.