Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$224,293Cash toward the purchase price.
Closing costs + prepaids$16,296Not just lender fees.
Before credits & paid funds$240,589The complete starting cash picture.
Estimated remaining funds due at closing
$240,589No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$224,292.89
Your down payment$224,292.89
Closing costs + prepaids$16,296.00
Total buyer cash needed$240,588.88
Remaining funds due$240,588.88
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,799.00
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)$1,449.75
Initial HOA (3 months)$840.00
Prepaid interest, first (28 days)$1,732.25
Fees + prepaids$16,296.00
Your down payment is the seller’s equity. You take over the $355,607 balance, so the rest of the $579,900 price is paid at closing. A second mortgage can cover part of it. $240,588.88 is due at closing. Uses and sources reconcile at $596,196.00 each. Not a Closing Disclosure.