Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$141,397Cash toward the purchase price.
Closing costs + prepaids$14,618Not just lender fees.
Before credits & paid funds$156,015The complete starting cash picture.
Estimated remaining funds due at closing
$156,015No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$141,396.75
Your down payment$141,396.75
Closing costs + prepaids$14,618.11
Total buyer cash needed$156,014.86
Remaining funds due$156,014.86
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,900.00
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)$1,297.00
Initial HOA (3 months)$288.00
Prepaid interest, first (27 days)$1,658.11
Fees + prepaids$14,618.11
Your down payment is the seller’s equity. You take over the $348,603 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $156,014.86 is due at closing. Uses and sources reconcile at $504,618.11 each. Not a Closing Disclosure.