Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$39,460Cash toward the purchase price.
Closing costs + prepaids$15,061Not just lender fees.
Before credits & paid funds$54,521The complete starting cash picture.
Estimated remaining funds due at closing
$54,521No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$39,459.87
Your down payment$39,459.87
Closing costs + prepaids$15,061.08
Total buyer cash needed$54,520.94
Remaining funds due$54,520.94
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,850.00
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)$509.75
Initial HOA (3 months)$411.00
Prepaid interest, first (31 days)$2,815.33
Fees + prepaids$15,061.08
Your down payment is the seller’s equity. You take over the $445,540 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $54,520.94 is due at closing. Uses and sources reconcile at $500,061.08 each. Not a Closing Disclosure.