Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$488,173Cash toward the purchase price.
Closing costs + prepaids$17,642Not just lender fees.
Before credits & paid funds$505,815The complete starting cash picture.
Estimated remaining funds due at closing
$505,815No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$488,172.65
Your down payment$488,172.65
Closing costs + prepaids$17,642.31
Total buyer cash needed$505,814.96
Remaining funds due$505,814.96
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,800.00
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)$1,451.00
Initial HOA (3 months)$480.00
Prepaid interest, first (29 days)$686.31
Fees + prepaids$17,642.31
Your down payment is the seller’s equity. You take over the $291,827 balance, so the rest of the $780,000 price is paid at closing. A second mortgage can cover part of it. $505,814.96 is due at closing. Uses and sources reconcile at $797,642.31 each. Not a Closing Disclosure.