Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$288,995Cash toward the purchase price.
Closing costs + prepaids$13,058Not just lender fees.
Before credits & paid funds$302,053The complete starting cash picture.
Estimated remaining funds due at closing
$302,053No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$288,995.10
Your down payment$288,995.10
Closing costs + prepaids$13,057.76
Total buyer cash needed$302,052.86
Remaining funds due$302,052.86
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)$783.50
Initial HOA (3 months)$378.00
Prepaid interest, first (27 days)$571.26
Fees + prepaids$13,057.76
Your down payment is the seller’s equity. You take over the $196,005 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $302,052.86 is due at closing. Uses and sources reconcile at $498,057.76 each. Not a Closing Disclosure.