Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$24,523Cash toward the purchase price.
Closing costs + prepaids$15,935Not just lender fees.
Before credits & paid funds$40,458The complete starting cash picture.
Estimated remaining funds due at closing
$40,458No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$24,522.77
Your down payment$24,522.77
Closing costs + prepaids$15,934.74
Total buyer cash needed$40,457.51
Remaining funds due$40,457.51
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,150.00
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)$601.50
Initial HOA (3 months)$459.00
Prepaid interest, first (31 days)$3,249.24
Fees + prepaids$15,934.74
Your down payment is the seller’s equity. You take over the $490,477 balance, so the rest of the $515,000 price is paid at closing. A second mortgage can cover part of it. $40,457.51 is due at closing. Uses and sources reconcile at $530,934.74 each. Not a Closing Disclosure.