Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$242,148Cash toward the purchase price.
Closing costs + prepaids$12,555Not just lender fees.
Before credits & paid funds$254,703The complete starting cash picture.
Estimated remaining funds due at closing
$254,703No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$242,148.44
Your down payment$242,148.44
Closing costs + prepaids$12,554.78
Total buyer cash needed$254,703.21
Remaining funds due$254,703.21
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,200.00
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)$624.00
Prepaid interest, first (12 days)$255.78
Fees + prepaids$12,554.78
Your down payment is the seller’s equity. You take over the $277,852 balance, so the rest of the $520,000 price is paid at closing. A second mortgage can cover part of it. $254,703.21 is due at closing. Uses and sources reconcile at $532,554.78 each. Not a Closing Disclosure.