Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$287,520Cash toward the purchase price.
Closing costs + prepaids$13,914Not just lender fees.
Before credits & paid funds$301,434The complete starting cash picture.
Estimated remaining funds due at closing
$301,434No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$287,520.43
Your down payment$287,520.43
Closing costs + prepaids$13,913.97
Total buyer cash needed$301,434.41
Remaining funds due$301,434.41
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,300.00
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)$1,468.00
Prepaid interest, first (25 days)$670.97
Fees + prepaids$13,913.97
Your down payment is the seller’s equity. You take over the $242,480 balance, so the rest of the $530,000 price is paid at closing. A second mortgage can cover part of it. $301,434.41 is due at closing. Uses and sources reconcile at $543,913.97 each. Not a Closing Disclosure.