Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$224,375Cash toward the purchase price.
Closing costs + prepaids$12,816Not just lender fees.
Before credits & paid funds$237,192The complete starting cash picture.
Estimated remaining funds due at closing
$237,192No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$224,375.48
Your down payment$224,375.48
Closing costs + prepaids$12,816.29
Total buyer cash needed$237,191.77
Remaining funds due$237,191.77
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,900.00
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)$661.25
Initial HOA (3 months)$237.00
Prepaid interest, first (26 days)$543.04
Fees + prepaids$12,816.29
Your down payment is the seller’s equity. You take over the $265,625 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $237,191.77 is due at closing. Uses and sources reconcile at $502,816.29 each. Not a Closing Disclosure.