Follow the dollars · Assumption only
A complete cash picture for Dec 11, 2026
Your down payment$26,561Cash toward the purchase price.
Closing costs + prepaids$14,086Not just lender fees.
Before credits & paid funds$40,647The complete starting cash picture.
Estimated remaining funds due at closing
$40,647No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$26,560.97
Your down payment$26,560.97
Closing costs + prepaids$14,085.63
Total buyer cash needed$40,646.60
Remaining funds due$40,646.60
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,010.00
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)$460.25
Initial HOA (3 months)$246.00
Prepaid interest, first (21 days)$1,894.38
Fees + prepaids$14,085.63
Your down payment is the seller’s equity. You take over the $474,439 balance, so the rest of the $501,000 price is paid at closing. A second mortgage can cover part of it. $40,646.60 is due at closing. Uses and sources reconcile at $515,085.63 each. Not a Closing Disclosure.