Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$42,050Cash toward the purchase price.
Closing costs + prepaids$12,898Not just lender fees.
Before credits & paid funds$54,948The complete starting cash picture.
Estimated remaining funds due at closing
$54,948No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,049.64
Your down payment$42,049.64
Closing costs + prepaids$12,898.33
Total buyer cash needed$54,947.97
Remaining funds due$54,947.97
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,980.00
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)$44.75
Prepaid interest, first (18 days)$1,398.58
Fees + prepaids$12,898.33
Your down payment is the seller’s equity. You take over the $455,950 balance, so the rest of the $498,000 price is paid at closing. A second mortgage can cover part of it. $54,947.97 is due at closing. Uses and sources reconcile at $510,898.33 each. Not a Closing Disclosure.