Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$25,524Cash toward the purchase price.
Closing costs + prepaids$12,079Not just lender fees.
Before credits & paid funds$37,603The complete starting cash picture.
Estimated remaining funds due at closing
$37,603No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$25,523.96
Your down payment$25,523.96
Closing costs + prepaids$12,078.63
Total buyer cash needed$37,602.59
Remaining funds due$37,602.59
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,050.00
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)$463.25
Prepaid interest, first (1 days)$90.38
Fees + prepaids$12,078.63
Your down payment is the seller’s equity. You take over the $479,476 balance, so the rest of the $505,000 price is paid at closing. A second mortgage can cover part of it. $37,602.59 is due at closing. Uses and sources reconcile at $517,078.63 each. Not a Closing Disclosure.