Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$271,687Cash toward the purchase price.
Closing costs + prepaids$12,576Not just lender fees.
Before credits & paid funds$284,263The complete starting cash picture.
Estimated remaining funds due at closing
$284,263No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$271,687.25
Your down payment$271,687.25
Closing costs + prepaids$12,576.12
Total buyer cash needed$284,263.37
Remaining funds due$284,263.37
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,889.00
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)$594.50
Initial HOA (3 months)$90.00
Prepaid interest, first (22 days)$527.62
Fees + prepaids$12,576.12
Your down payment is the seller’s equity. You take over the $217,213 balance, so the rest of the $488,900 price is paid at closing. A second mortgage can cover part of it. $284,263.37 is due at closing. Uses and sources reconcile at $501,476.12 each. Not a Closing Disclosure.