Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$87,563Cash toward the purchase price.
Closing costs + prepaids$15,059Not just lender fees.
Before credits & paid funds$102,622The complete starting cash picture.
Estimated remaining funds due at closing
$102,622No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$87,563.18
Your down payment$87,563.18
Closing costs + prepaids$15,059.12
Total buyer cash needed$102,622.30
Remaining funds due$102,622.30
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,850.00
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)$1,212.50
Initial HOA (3 months)$360.00
Prepaid interest, first (28 days)$2,161.62
Fees + prepaids$15,059.12
Your down payment is the seller’s equity. You take over the $397,437 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $102,622.30 is due at closing. Uses and sources reconcile at $500,059.12 each. Not a Closing Disclosure.