Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$305,221Cash toward the purchase price.
Closing costs + prepaids$12,012Not just lender fees.
Before credits & paid funds$317,233The complete starting cash picture.
Estimated remaining funds due at closing
$317,233No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$305,220.61
Your down payment$305,220.61
Closing costs + prepaids$12,011.97
Total buyer cash needed$317,232.58
Remaining funds due$317,232.58
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)$323.50
Prepaid interest, first (18 days)$313.47
Fees + prepaids$12,011.97
Your down payment is the seller’s equity. You take over the $184,779 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $317,232.58 is due at closing. Uses and sources reconcile at $502,011.97 each. Not a Closing Disclosure.