Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$389,245Cash toward the purchase price.
Closing costs + prepaids$12,885Not just lender fees.
Before credits & paid funds$402,129The complete starting cash picture.
Estimated remaining funds due at closing
$402,129No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$389,244.61
Your down payment$389,244.61
Closing costs + prepaids$12,884.85
Total buyer cash needed$402,129.46
Remaining funds due$402,129.46
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,880.00
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)$1,220.00
Prepaid interest, first (28 days)$309.85
Fees + prepaids$12,884.85
Your down payment is the seller’s equity. You take over the $98,755 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $402,129.46 is due at closing. Uses and sources reconcile at $500,884.85 each. Not a Closing Disclosure.