Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$103,616Cash toward the purchase price.
Closing costs + prepaids$12,726Not just lender fees.
Before credits & paid funds$116,342The complete starting cash picture.
Estimated remaining funds due at closing
$116,342No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$103,616.06
Your down payment$103,616.06
Closing costs + prepaids$12,725.93
Total buyer cash needed$116,341.98
Remaining funds due$116,341.98
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,050.00
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)$606.00
Prepaid interest, first (10 days)$594.93
Fees + prepaids$12,725.93
Your down payment is the seller’s equity. You take over the $401,384 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $116,341.98 is due at closing. Uses and sources reconcile at $517,725.93 each. Not a Closing Disclosure.