Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$494,122Cash toward the purchase price.
Closing costs + prepaids$14,431Not just lender fees.
Before credits & paid funds$508,553The complete starting cash picture.
Estimated remaining funds due at closing
$508,553No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$494,122.36
Your down payment$494,122.36
Closing costs + prepaids$14,430.59
Total buyer cash needed$508,552.95
Remaining funds due$508,552.95
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,450.00
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)$774.00
Initial HOA (3 months)$534.00
Prepaid interest, first (10 days)$197.59
Fees + prepaids$14,430.59
Your down payment is the seller’s equity. You take over the $150,878 balance, so the rest of the $645,000 price is paid at closing. A second mortgage can cover part of it. $508,552.95 is due at closing. Uses and sources reconcile at $659,430.59 each. Not a Closing Disclosure.