Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$118,497Cash toward the purchase price.
Closing costs + prepaids$14,361Not just lender fees.
Before credits & paid funds$132,857The complete starting cash picture.
Estimated remaining funds due at closing
$132,857No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,496.60
Your down payment$118,496.60
Closing costs + prepaids$14,360.61
Total buyer cash needed$132,857.22
Remaining funds due$132,857.22
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,890.00
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)$819.75
Initial HOA (3 months)$300.00
Prepaid interest, first (28 days)$1,875.86
Fees + prepaids$14,360.61
Your down payment is the seller’s equity. You take over the $370,503 balance, so the rest of the $489,000 price is paid at closing. A second mortgage can cover part of it. $132,857.22 is due at closing. Uses and sources reconcile at $503,360.61 each. Not a Closing Disclosure.