Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$48,766Cash toward the purchase price.
Closing costs + prepaids$10,975Not just lender fees.
Before credits & paid funds$59,742The complete starting cash picture.
Estimated remaining funds due at closing
$59,742No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$48,766.30
Your down payment$48,766.30
Closing costs + prepaids$10,975.48
Total buyer cash needed$59,741.78
Remaining funds due$59,741.78
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)$845.25
Prepaid interest, first (26 days)$1,105.23
Fees + prepaids$10,975.48
Your down payment is the seller’s equity. You take over the $231,234 balance, so the rest of the $280,000 price is paid at closing. A second mortgage can cover part of it. $59,741.78 is due at closing. Uses and sources reconcile at $290,975.48 each. Not a Closing Disclosure.