Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$415,417Cash toward the purchase price.
Closing costs + prepaids$23,150Not just lender fees.
Before credits & paid funds$438,568The complete starting cash picture.
Estimated remaining funds due at closing
$438,568No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$415,417.45
Your down payment$415,417.45
Closing costs + prepaids$23,150.28
Total buyer cash needed$438,567.74
Remaining funds due$438,567.74
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$10,110.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,527.50
Initial HOA (3 months)$2,250.00
Prepaid interest, first (24 days)$1,037.78
Fees + prepaids$23,150.28
Your down payment is the seller’s equity. You take over the $595,583 balance, so the rest of the $1,011,000 price is paid at closing. A second mortgage can cover part of it. $438,567.74 is due at closing. Uses and sources reconcile at $1,034,150.28 each. Not a Closing Disclosure.