Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$469,282Cash toward the purchase price.
Closing costs + prepaids$21,898Not just lender fees.
Before credits & paid funds$491,180The complete starting cash picture.
Estimated remaining funds due at closing
$491,180No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$469,282.50
Your down payment$469,282.50
Closing costs + prepaids$21,898.00
Total buyer cash needed$491,180.49
Remaining funds due$491,180.49
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$11,980.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,497.50
Prepaid interest, first (12 days)$1,195.50
Fees + prepaids$21,898.00
Your down payment is the seller’s equity. You take over the $728,718 balance, so the rest of the $1,198,000 price is paid at closing. A second mortgage can cover part of it. $491,180.49 is due at closing. Uses and sources reconcile at $1,219,898.00 each. Not a Closing Disclosure.