Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$343,624Cash toward the purchase price.
Closing costs + prepaids$12,337Not just lender fees.
Before credits & paid funds$355,961The complete starting cash picture.
Estimated remaining funds due at closing
$355,961No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$343,623.86
Your down payment$343,623.86
Closing costs + prepaids$12,337.34
Total buyer cash needed$355,961.20
Remaining funds due$355,961.20
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,899.00
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)$612.50
Initial HOA (3 months)$106.26
Prepaid interest, first (17 days)$244.58
Fees + prepaids$12,337.34
Your down payment is the seller’s equity. You take over the $146,276 balance, so the rest of the $489,900 price is paid at closing. A second mortgage can cover part of it. $355,961.20 is due at closing. Uses and sources reconcile at $502,237.34 each. Not a Closing Disclosure.