Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$465,260Cash toward the purchase price.
Closing costs + prepaids$23,291Not just lender fees.
Before credits & paid funds$488,551The complete starting cash picture.
Estimated remaining funds due at closing
$488,551No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$465,259.54
Your down payment$465,259.54
Closing costs + prepaids$23,291.18
Total buyer cash needed$488,550.72
Remaining funds due$488,550.72
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$10,000.00
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)$2,500.00
Initial HOA (3 months)$1,470.00
Prepaid interest, first (28 days)$2,096.18
Fees + prepaids$23,291.18
Your down payment is the seller’s equity. You take over the $534,740 balance, so the rest of the $1,000,000 price is paid at closing. A second mortgage can cover part of it. $488,550.72 is due at closing. Uses and sources reconcile at $1,023,291.18 each. Not a Closing Disclosure.