Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$295,038Cash toward the purchase price.
Closing costs + prepaids$12,258Not just lender fees.
Before credits & paid funds$307,296The complete starting cash picture.
Estimated remaining funds due at closing
$307,296No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$295,037.87
Your down payment$295,037.87
Closing costs + prepaids$12,258.30
Total buyer cash needed$307,296.18
Remaining funds due$307,296.18
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,900.00
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)$492.50
Initial HOA (3 months)$372.00
Prepaid interest, first (1 days)$18.80
Fees + prepaids$12,258.30
Your down payment is the seller’s equity. You take over the $194,962 balance, so the rest of the $490,000 price is paid at closing. A second mortgage can cover part of it. $307,296.18 is due at closing. Uses and sources reconcile at $502,258.30 each. Not a Closing Disclosure.