Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$24,326Cash toward the purchase price.
Closing costs + prepaids$14,561Not just lender fees.
Before credits & paid funds$38,887The complete starting cash picture.
Estimated remaining funds due at closing
$38,887No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$24,326.23
Your down payment$24,326.23
Closing costs + prepaids$14,560.83
Total buyer cash needed$38,887.06
Remaining funds due$38,887.06
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)$525.75
Prepaid interest, first (27 days)$2,410.08
Fees + prepaids$14,560.83
Your down payment is the seller’s equity. You take over the $490,674 balance, so the rest of the $515,000 price is paid at closing. A second mortgage can cover part of it. $38,887.06 is due at closing. Uses and sources reconcile at $529,560.83 each. Not a Closing Disclosure.