Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$242,393Cash toward the purchase price.
Closing costs + prepaids$12,005Not just lender fees.
Before credits & paid funds$254,399The complete starting cash picture.
Estimated remaining funds due at closing
$254,399No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$242,393.07
Your down payment$242,393.07
Closing costs + prepaids$12,005.48
Total buyer cash needed$254,398.55
Remaining funds due$254,398.55
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,250.00
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)$1,144.00
Prepaid interest, first (25 days)$386.48
Fees + prepaids$12,005.48
Your down payment is the seller’s equity. You take over the $182,607 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $254,398.55 is due at closing. Uses and sources reconcile at $437,005.48 each. Not a Closing Disclosure.