Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$298,601Cash toward the purchase price.
Closing costs + prepaids$10,411Not just lender fees.
Before credits & paid funds$309,012The complete starting cash picture.
Estimated remaining funds due at closing
$309,012No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$298,601.35
Your down payment$298,601.35
Closing costs + prepaids$10,411.03
Total buyer cash needed$309,012.39
Remaining funds due$309,012.39
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,050.00
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)$934.50
Initial HOA (3 months)$172.50
Prepaid interest, first (26 days)$29.03
Fees + prepaids$10,411.03
Your down payment is the seller’s equity. You take over the $6,399 balance, so the rest of the $305,000 price is paid at closing. A second mortgage can cover part of it. $309,012.39 is due at closing. Uses and sources reconcile at $315,411.03 each. Not a Closing Disclosure.