Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$488,896Cash toward the purchase price.
Closing costs + prepaids$14,245Not just lender fees.
Before credits & paid funds$503,141The complete starting cash picture.
Estimated remaining funds due at closing
$503,141No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$488,896.32
Your down payment$488,896.32
Closing costs + prepaids$14,244.52
Total buyer cash needed$503,140.84
Remaining funds due$503,140.84
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,730.00
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)$807.50
Prepaid interest, first (10 days)$232.02
Fees + prepaids$14,244.52
Your down payment is the seller’s equity. You take over the $184,104 balance, so the rest of the $673,000 price is paid at closing. A second mortgage can cover part of it. $503,140.84 is due at closing. Uses and sources reconcile at $687,244.52 each. Not a Closing Disclosure.