Follow the dollars · Assumption only
A complete cash picture for Dec 11, 2026
Your down payment$279,564Cash toward the purchase price.
Closing costs + prepaids$12,492Not just lender fees.
Before credits & paid funds$292,056The complete starting cash picture.
Estimated remaining funds due at closing
$292,056No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$279,563.75
Your down payment$279,563.75
Closing costs + prepaids$12,492.16
Total buyer cash needed$292,055.91
Remaining funds due$292,055.91
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)$610.75
Initial HOA (3 months)$216.00
Prepaid interest, first (21 days)$340.41
Fees + prepaids$12,492.16
Your down payment is the seller’s equity. You take over the $205,436 balance, so the rest of the $485,000 price is paid at closing. A second mortgage can cover part of it. $292,055.91 is due at closing. Uses and sources reconcile at $497,492.16 each. Not a Closing Disclosure.