Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$347,084Cash toward the purchase price.
Closing costs + prepaids$13,216Not just lender fees.
Before credits & paid funds$360,300The complete starting cash picture.
Estimated remaining funds due at closing
$360,300No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$347,084.17
Your down payment$347,084.17
Closing costs + prepaids$13,216.22
Total buyer cash needed$360,300.39
Remaining funds due$360,300.39
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,750.00
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)$690.00
Prepaid interest, first (12 days)$301.22
Fees + prepaids$13,216.22
Your down payment is the seller’s equity. You take over the $227,916 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $360,300.39 is due at closing. Uses and sources reconcile at $588,216.22 each. Not a Closing Disclosure.