Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$300,942Cash toward the purchase price.
Closing costs + prepaids$12,273Not just lender fees.
Before credits & paid funds$313,215The complete starting cash picture.
Estimated remaining funds due at closing
$313,215No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$300,941.96
Your down payment$300,941.96
Closing costs + prepaids$12,272.55
Total buyer cash needed$313,214.50
Remaining funds due$313,214.50
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,950.00
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)$479.25
Initial HOA (3 months)$22.50
Prepaid interest, first (24 days)$345.80
Fees + prepaids$12,272.55
Your down payment is the seller’s equity. You take over the $194,058 balance, so the rest of the $495,000 price is paid at closing. A second mortgage can cover part of it. $313,214.50 is due at closing. Uses and sources reconcile at $507,272.55 each. Not a Closing Disclosure.