Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$399,833Cash toward the purchase price.
Closing costs + prepaids$19,576Not just lender fees.
Before credits & paid funds$419,409The complete starting cash picture.
Estimated remaining funds due at closing
$419,409No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$399,833.13
Your down payment$399,833.13
Closing costs + prepaids$19,576.32
Total buyer cash needed$419,409.44
Remaining funds due$419,409.44
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$8,850.00
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)$2,212.50
Prepaid interest, first (24 days)$1,288.82
Fees + prepaids$19,576.32
Your down payment is the seller’s equity. You take over the $485,167 balance, so the rest of the $885,000 price is paid at closing. A second mortgage can cover part of it. $419,409.44 is due at closing. Uses and sources reconcile at $904,576.32 each. Not a Closing Disclosure.