Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$230,457Cash toward the purchase price.
Closing costs + prepaids$13,994Not just lender fees.
Before credits & paid funds$244,452The complete starting cash picture.
Estimated remaining funds due at closing
$244,452No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$230,457.19
Your down payment$230,457.19
Closing costs + prepaids$13,994.36
Total buyer cash needed$244,451.55
Remaining funds due$244,451.55
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,880.00
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)$1,256.50
Initial HOA (3 months)$171.00
Prepaid interest, first (25 days)$1,211.86
Fees + prepaids$13,994.36
Your down payment is the seller’s equity. You take over the $257,543 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $244,451.55 is due at closing. Uses and sources reconcile at $501,994.36 each. Not a Closing Disclosure.