Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$294,564Cash toward the purchase price.
Closing costs + prepaids$12,739Not just lender fees.
Before credits & paid funds$307,303The complete starting cash picture.
Estimated remaining funds due at closing
$307,303No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$294,563.75
Your down payment$294,563.75
Closing costs + prepaids$12,739.41
Total buyer cash needed$307,303.17
Remaining funds due$307,303.17
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)$610.75
Initial HOA (3 months)$216.00
Prepaid interest, first (27 days)$437.66
Fees + prepaids$12,739.41
Your down payment is the seller’s equity. You take over the $205,436 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $307,303.17 is due at closing. Uses and sources reconcile at $512,739.41 each. Not a Closing Disclosure.