Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$472,283Cash toward the purchase price.
Closing costs + prepaids$22,078Not just lender fees.
Before credits & paid funds$494,361The complete starting cash picture.
Estimated remaining funds due at closing
$494,361No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$472,283.26
Your down payment$472,283.26
Closing costs + prepaids$22,077.64
Total buyer cash needed$494,360.89
Remaining funds due$494,360.89
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$10,400.00
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)$2,600.00
Initial HOA (3 months)$324.00
Prepaid interest, first (27 days)$1,528.64
Fees + prepaids$22,077.64
Your down payment is the seller’s equity. You take over the $567,717 balance, so the rest of the $1,040,000 price is paid at closing. A second mortgage can cover part of it. $494,360.89 is due at closing. Uses and sources reconcile at $1,062,077.64 each. Not a Closing Disclosure.