Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$279,798Cash toward the purchase price.
Closing costs + prepaids$15,244Not just lender fees.
Before credits & paid funds$295,043The complete starting cash picture.
Estimated remaining funds due at closing
$295,043No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$279,798.23
Your down payment$279,798.23
Closing costs + prepaids$15,244.48
Total buyer cash needed$295,042.70
Remaining funds due$295,042.70
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,899.50
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)$1,349.25
Initial HOA (3 months)$186.99
Prepaid interest, first (24 days)$1,333.74
Fees + prepaids$15,244.48
Your down payment is the seller’s equity. You take over the $310,152 balance, so the rest of the $589,950 price is paid at closing. A second mortgage can cover part of it. $295,042.70 is due at closing. Uses and sources reconcile at $605,194.48 each. Not a Closing Disclosure.