Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$301,284Cash toward the purchase price.
Closing costs + prepaids$12,567Not just lender fees.
Before credits & paid funds$313,851The complete starting cash picture.
Estimated remaining funds due at closing
$313,851No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$301,284.06
Your down payment$301,284.06
Closing costs + prepaids$12,566.85
Total buyer cash needed$313,850.91
Remaining funds due$313,850.91
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,000.00
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)$600.00
Initial HOA (3 months)$340.50
Prepaid interest, first (10 days)$151.35
Fees + prepaids$12,566.85
Your down payment is the seller’s equity. You take over the $198,716 balance, so the rest of the $500,000 price is paid at closing. A second mortgage can cover part of it. $313,850.91 is due at closing. Uses and sources reconcile at $512,566.85 each. Not a Closing Disclosure.