Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$361,467Cash toward the purchase price.
Closing costs + prepaids$12,657Not just lender fees.
Before credits & paid funds$374,124The complete starting cash picture.
Estimated remaining funds due at closing
$374,124No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$361,466.75
Your down payment$361,466.75
Closing costs + prepaids$12,657.48
Total buyer cash needed$374,124.23
Remaining funds due$374,124.23
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,050.00
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)$715.75
Initial HOA (3 months)$75.00
Prepaid interest, first (22 days)$341.73
Fees + prepaids$12,657.48
Your down payment is the seller’s equity. You take over the $143,533 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $374,124.23 is due at closing. Uses and sources reconcile at $517,657.48 each. Not a Closing Disclosure.