Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$40,413Cash toward the purchase price.
Closing costs + prepaids$10,566Not just lender fees.
Before credits & paid funds$50,979The complete starting cash picture.
Estimated remaining funds due at closing
$50,979No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,412.97
Your down payment$40,412.97
Closing costs + prepaids$10,566.39
Total buyer cash needed$50,979.36
Remaining funds due$50,979.36
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,800.00
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)$530.00
Prepaid interest, first (24 days)$1,011.39
Fees + prepaids$10,566.39
Your down payment is the seller’s equity. You take over the $239,587 balance, so the rest of the $280,000 price is paid at closing. A second mortgage can cover part of it. $50,979.36 is due at closing. Uses and sources reconcile at $290,566.39 each. Not a Closing Disclosure.