Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$240,167Cash toward the purchase price.
Closing costs + prepaids$19,394Not just lender fees.
Before credits & paid funds$259,561The complete starting cash picture.
Estimated remaining funds due at closing
$259,561No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,167.42
Your down payment$240,167.42
Closing costs + prepaids$19,393.65
Total buyer cash needed$259,561.08
Remaining funds due$259,561.08
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,500.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,140.00
Initial HOA (3 months)$18.75
Prepaid interest, first (12 days)$1,509.90
Fees + prepaids$19,393.65
Your down payment is the seller’s equity. You take over the $709,833 balance, so the rest of the $950,000 price is paid at closing. A second mortgage can cover part of it. $259,561.08 is due at closing. Uses and sources reconcile at $969,393.65 each. Not a Closing Disclosure.