Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$308,212Cash toward the purchase price.
Closing costs + prepaids$15,762Not just lender fees.
Before credits & paid funds$323,973The complete starting cash picture.
Estimated remaining funds due at closing
$323,973No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$308,211.68
Your down payment$308,211.68
Closing costs + prepaids$15,761.74
Total buyer cash needed$323,973.42
Remaining funds due$323,973.42
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,250.00
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)$750.00
Initial HOA (3 months)$1,992.00
Prepaid interest, first (12 days)$294.74
Fees + prepaids$15,761.74
Your down payment is the seller’s equity. You take over the $316,788 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $323,973.42 is due at closing. Uses and sources reconcile at $640,761.74 each. Not a Closing Disclosure.