Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$208,308Cash toward the purchase price.
Closing costs + prepaids$13,494Not just lender fees.
Before credits & paid funds$221,802The complete starting cash picture.
Estimated remaining funds due at closing
$221,802No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$208,308.04
Your down payment$208,308.04
Closing costs + prepaids$13,493.94
Total buyer cash needed$221,801.98
Remaining funds due$221,801.98
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,800.00
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)$696.00
Initial HOA (3 months)$171.00
Prepaid interest, first (12 days)$351.94
Fees + prepaids$13,493.94
Your down payment is the seller’s equity. You take over the $371,692 balance, so the rest of the $580,000 price is paid at closing. A second mortgage can cover part of it. $221,801.98 is due at closing. Uses and sources reconcile at $593,493.94 each. Not a Closing Disclosure.