Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$487,084Cash toward the purchase price.
Closing costs + prepaids$20,209Not just lender fees.
Before credits & paid funds$507,293The complete starting cash picture.
Estimated remaining funds due at closing
$507,293No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$487,083.88
Your down payment$487,083.88
Closing costs + prepaids$20,209.07
Total buyer cash needed$507,292.95
Remaining funds due$507,292.95
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,490.00
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)$2,092.50
Prepaid interest, first (25 days)$1,401.57
Fees + prepaids$20,209.07
Your down payment is the seller’s equity. You take over the $461,916 balance, so the rest of the $949,000 price is paid at closing. A second mortgage can cover part of it. $507,292.95 is due at closing. Uses and sources reconcile at $969,209.07 each. Not a Closing Disclosure.