Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$247,163Cash toward the purchase price.
Closing costs + prepaids$13,308Not just lender fees.
Before credits & paid funds$260,471The complete starting cash picture.
Estimated remaining funds due at closing
$260,471No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$247,163.32
Your down payment$247,163.32
Closing costs + prepaids$13,307.59
Total buyer cash needed$260,470.92
Remaining funds due$260,470.92
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)$488.75
Prepaid interest, first (25 days)$1,343.84
Fees + prepaids$13,307.59
Your down payment is the seller’s equity. You take over the $252,837 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $260,470.92 is due at closing. Uses and sources reconcile at $513,307.59 each. Not a Closing Disclosure.