Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$277,931Cash toward the purchase price.
Closing costs + prepaids$25,842Not just lender fees.
Before credits & paid funds$303,773The complete starting cash picture.
Estimated remaining funds due at closing
$303,773No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$277,931.42
Your down payment$277,931.42
Closing costs + prepaids$25,841.83
Total buyer cash needed$303,773.25
Remaining funds due$303,773.25
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$11,950.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,987.50
Prepaid interest, first (28 days)$3,679.33
Fees + prepaids$25,841.83
Your down payment is the seller’s equity. You take over the $917,069 balance, so the rest of the $1,195,000 price is paid at closing. A second mortgage can cover part of it. $303,773.25 is due at closing. Uses and sources reconcile at $1,220,841.83 each. Not a Closing Disclosure.