Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$488,055Cash toward the purchase price.
Closing costs + prepaids$20,735Not just lender fees.
Before credits & paid funds$508,790The complete starting cash picture.
Estimated remaining funds due at closing
$508,790No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$488,054.75
Your down payment$488,054.75
Closing costs + prepaids$20,735.00
Total buyer cash needed$508,789.75
Remaining funds due$508,789.75
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,950.00
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)$2,487.50
Prepaid interest, first (27 days)$1,072.50
Fees + prepaids$20,735.00
Your down payment is the seller’s equity. You take over the $506,945 balance, so the rest of the $995,000 price is paid at closing. A second mortgage can cover part of it. $508,789.75 is due at closing. Uses and sources reconcile at $1,015,735.00 each. Not a Closing Disclosure.