Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$86,550Cash toward the purchase price.
Closing costs + prepaids$10,712Not just lender fees.
Before credits & paid funds$97,262The complete starting cash picture.
Estimated remaining funds due at closing
$97,262No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$86,550.30
Your down payment$86,550.30
Closing costs + prepaids$10,711.81
Total buyer cash needed$97,262.11
Remaining funds due$97,262.11
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,780.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$333.50
Initial HOA (3 months)$1,080.00
Prepaid interest, first (12 days)$293.31
Fees + prepaids$10,711.81
Your down payment is the seller’s equity. You take over the $191,450 balance, so the rest of the $278,000 price is paid at closing. A second mortgage can cover part of it. $97,262.11 is due at closing. Uses and sources reconcile at $288,711.81 each. Not a Closing Disclosure.