Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$279,798Cash toward the purchase price.
Closing costs + prepaids$13,936Not just lender fees.
Before credits & paid funds$293,735The complete starting cash picture.
Estimated remaining funds due at closing
$293,735No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$279,798.23
Your down payment$279,798.23
Closing costs + prepaids$13,936.36
Total buyer cash needed$293,734.58
Remaining funds due$293,734.58
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,899.50
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)$708.00
Initial HOA (3 months)$186.99
Prepaid interest, first (12 days)$666.87
Fees + prepaids$13,936.36
Your down payment is the seller’s equity. You take over the $310,152 balance, so the rest of the $589,950 price is paid at closing. A second mortgage can cover part of it. $293,734.58 is due at closing. Uses and sources reconcile at $603,886.36 each. Not a Closing Disclosure.