Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$240,992Cash toward the purchase price.
Closing costs + prepaids$14,111Not just lender fees.
Before credits & paid funds$255,104The complete starting cash picture.
Estimated remaining funds due at closing
$255,104No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,992.43
Your down payment$240,992.43
Closing costs + prepaids$14,111.42
Total buyer cash needed$255,103.84
Remaining funds due$255,103.84
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,150.00
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)$738.00
Initial HOA (3 months)$200.01
Prepaid interest, first (12 days)$548.41
Fees + prepaids$14,111.42
Your down payment is the seller’s equity. You take over the $374,008 balance, so the rest of the $615,000 price is paid at closing. A second mortgage can cover part of it. $255,103.84 is due at closing. Uses and sources reconcile at $629,111.42 each. Not a Closing Disclosure.