Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$284,891Cash toward the purchase price.
Closing costs + prepaids$16,599Not just lender fees.
Before credits & paid funds$301,490The complete starting cash picture.
Estimated remaining funds due at closing
$301,490No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$284,890.94
Your down payment$284,890.94
Closing costs + prepaids$16,599.00
Total buyer cash needed$301,489.94
Remaining funds due$301,489.94
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,610.00
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)$1,652.50
Initial HOA (3 months)$558.00
Prepaid interest, first (23 days)$1,303.50
Fees + prepaids$16,599.00
Your down payment is the seller’s equity. You take over the $376,109 balance, so the rest of the $661,000 price is paid at closing. A second mortgage can cover part of it. $301,489.94 is due at closing. Uses and sources reconcile at $677,599.00 each. Not a Closing Disclosure.