Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$499,198Cash toward the purchase price.
Closing costs + prepaids$21,906Not just lender fees.
Before credits & paid funds$521,104The complete starting cash picture.
Estimated remaining funds due at closing
$521,104No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$499,198.06
Your down payment$499,198.06
Closing costs + prepaids$21,906.43
Total buyer cash needed$521,104.49
Remaining funds due$521,104.49
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$10,500.00
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)$2,625.00
Prepaid interest, first (27 days)$1,556.43
Fees + prepaids$21,906.43
Your down payment is the seller’s equity. You take over the $550,802 balance, so the rest of the $1,050,000 price is paid at closing. A second mortgage can cover part of it. $521,104.49 is due at closing. Uses and sources reconcile at $1,071,906.43 each. Not a Closing Disclosure.