Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$204,650Cash toward the purchase price.
Closing costs + prepaids$15,353Not just lender fees.
Before credits & paid funds$220,003The complete starting cash picture.
Estimated remaining funds due at closing
$220,003No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$204,650.14
Your down payment$204,650.14
Closing costs + prepaids$15,353.29
Total buyer cash needed$220,003.43
Remaining funds due$220,003.43
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,340.00
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)$1,541.00
Initial HOA (3 months)$156.00
Prepaid interest, first (24 days)$841.29
Fees + prepaids$15,353.29
Your down payment is the seller’s equity. You take over the $429,350 balance, so the rest of the $634,000 price is paid at closing. A second mortgage can cover part of it. $220,003.43 is due at closing. Uses and sources reconcile at $649,353.29 each. Not a Closing Disclosure.