Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$404Cash toward the purchase price.
Closing costs + prepaids$12,291Not just lender fees.
Before credits & paid funds$12,696The complete starting cash picture.
Estimated remaining funds due at closing
$12,696No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$404.42
Your down payment$404.42
Closing costs + prepaids$12,291.27
Total buyer cash needed$12,695.69
Remaining funds due$12,695.69
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,787.00
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)$377.50
Initial HOA (3 months)$1,275.00
Prepaid interest, first (28 days)$1,626.77
Fees + prepaids$12,291.27
Your down payment is the seller’s equity. You take over the $278,296 balance, so the rest of the $278,700 price is paid at closing. A second mortgage can cover part of it. $12,695.69 is due at closing. Uses and sources reconcile at $290,991.27 each. Not a Closing Disclosure.