Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$477,779Cash toward the purchase price.
Closing costs + prepaids$16,548Not just lender fees.
Before credits & paid funds$494,327The complete starting cash picture.
Estimated remaining funds due at closing
$494,327No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$477,779.03
Your down payment$477,779.03
Closing costs + prepaids$16,547.95
Total buyer cash needed$494,326.98
Remaining funds due$494,326.98
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,530.00
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)$1,632.50
Initial HOA (3 months)$1,512.00
Prepaid interest, first (25 days)$398.45
Fees + prepaids$16,547.95
Your down payment is the seller’s equity. You take over the $175,221 balance, so the rest of the $653,000 price is paid at closing. A second mortgage can cover part of it. $494,326.98 is due at closing. Uses and sources reconcile at $669,547.95 each. Not a Closing Disclosure.