Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$235,412Cash toward the purchase price.
Closing costs + prepaids$12,864Not just lender fees.
Before credits & paid funds$248,276The complete starting cash picture.
Estimated remaining funds due at closing
$248,276No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$235,411.95
Your down payment$235,411.95
Closing costs + prepaids$12,863.70
Total buyer cash needed$248,275.66
Remaining funds due$248,275.66
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,850.00
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)$506.25
Initial HOA (3 months)$360.00
Prepaid interest, first (22 days)$672.45
Fees + prepaids$12,863.70
Your down payment is the seller’s equity. You take over the $249,588 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $248,275.66 is due at closing. Uses and sources reconcile at $497,863.70 each. Not a Closing Disclosure.