Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$488,152Cash toward the purchase price.
Closing costs + prepaids$17,287Not just lender fees.
Before credits & paid funds$505,439The complete starting cash picture.
Estimated remaining funds due at closing
$505,439No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$488,152.00
Your down payment$488,152.00
Closing costs + prepaids$17,287.46
Total buyer cash needed$505,439.46
Remaining funds due$505,439.46
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,150.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,787.50
Initial HOA (3 months)$408.00
Prepaid interest, first (28 days)$716.96
Fees + prepaids$17,287.46
Your down payment is the seller’s equity. You take over the $226,848 balance, so the rest of the $715,000 price is paid at closing. A second mortgage can cover part of it. $505,439.46 is due at closing. Uses and sources reconcile at $732,287.46 each. Not a Closing Disclosure.