Follow the dollars · Assumption only
A complete cash picture for Dec 17, 2026
Your down payment$234,360Cash toward the purchase price.
Closing costs + prepaids$12,480Not just lender fees.
Before credits & paid funds$246,839The complete starting cash picture.
Estimated remaining funds due at closing
$246,839No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$234,359.64
Your down payment$234,359.64
Closing costs + prepaids$12,479.80
Total buyer cash needed$246,839.45
Remaining funds due$246,839.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,970.00
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)$621.25
Initial HOA (3 months)$24.99
Prepaid interest, first (15 days)$388.56
Fees + prepaids$12,479.80
Your down payment is the seller’s equity. You take over the $262,640 balance, so the rest of the $497,000 price is paid at closing. A second mortgage can cover part of it. $246,839.45 is due at closing. Uses and sources reconcile at $509,479.80 each. Not a Closing Disclosure.