Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$2,598Cash toward the purchase price.
Closing costs + prepaids$14,366Not just lender fees.
Before credits & paid funds$16,964The complete starting cash picture.
Estimated remaining funds due at closing
$16,964No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$2,597.97
Your down payment$2,597.97
Closing costs + prepaids$14,365.67
Total buyer cash needed$16,963.63
Remaining funds due$16,963.63
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,929.00
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)$492.25
Initial HOA (3 months)$300.00
Prepaid interest, first (25 days)$2,169.42
Fees + prepaids$14,365.67
Your down payment is the seller’s equity. You take over the $490,302 balance, so the rest of the $492,900 price is paid at closing. A second mortgage can cover part of it. $16,963.63 is due at closing. Uses and sources reconcile at $507,265.67 each. Not a Closing Disclosure.