Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$120,250Cash toward the purchase price.
Closing costs + prepaids$14,651Not just lender fees.
Before credits & paid funds$134,901The complete starting cash picture.
Estimated remaining funds due at closing
$134,901No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,250.04
Your down payment$120,250.04
Closing costs + prepaids$14,650.59
Total buyer cash needed$134,900.63
Remaining funds due$134,900.63
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,000.00
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)$1,250.00
Prepaid interest, first (28 days)$1,925.59
Fees + prepaids$14,650.59
Your down payment is the seller’s equity. You take over the $379,750 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $134,900.63 is due at closing. Uses and sources reconcile at $514,650.59 each. Not a Closing Disclosure.