Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$85,596Cash toward the purchase price.
Closing costs + prepaids$10,800Not just lender fees.
Before credits & paid funds$96,396The complete starting cash picture.
Estimated remaining funds due at closing
$96,396No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$85,596.36
Your down payment$85,596.36
Closing costs + prepaids$10,799.78
Total buyer cash needed$96,396.14
Remaining funds due$96,396.14
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,800.00
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)$336.00
Initial HOA (3 months)$1,155.00
Prepaid interest, first (12 days)$283.78
Fees + prepaids$10,799.78
Your down payment is the seller’s equity. You take over the $194,404 balance, so the rest of the $280,000 price is paid at closing. A second mortgage can cover part of it. $96,396.14 is due at closing. Uses and sources reconcile at $290,799.78 each. Not a Closing Disclosure.