Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$26,015Cash toward the purchase price.
Closing costs + prepaids$14,787Not just lender fees.
Before credits & paid funds$40,802The complete starting cash picture.
Estimated remaining funds due at closing
$40,802No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$26,015.12
Your down payment$26,015.12
Closing costs + prepaids$14,787.10
Total buyer cash needed$40,802.22
Remaining funds due$40,802.22
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,050.00
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)$463.25
Prepaid interest, first (31 days)$2,798.85
Fees + prepaids$14,787.10
Your down payment is the seller’s equity. You take over the $478,985 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $40,802.22 is due at closing. Uses and sources reconcile at $519,787.10 each. Not a Closing Disclosure.