Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$499,934Cash toward the purchase price.
Closing costs + prepaids$17,568Not just lender fees.
Before credits & paid funds$517,502The complete starting cash picture.
Estimated remaining funds due at closing
$517,502No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$499,934.15
Your down payment$499,934.15
Closing costs + prepaids$17,568.06
Total buyer cash needed$517,502.21
Remaining funds due$517,502.21
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$8,800.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,056.00
Initial HOA (3 months)$135.00
Prepaid interest, first (7 days)$352.06
Fees + prepaids$17,568.06
Your down payment is the seller’s equity. You take over the $380,066 balance, so the rest of the $880,000 price is paid at closing. A second mortgage can cover part of it. $517,502.21 is due at closing. Uses and sources reconcile at $897,568.06 each. Not a Closing Disclosure.