Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$280,306Cash toward the purchase price.
Closing costs + prepaids$13,908Not just lender fees.
Before credits & paid funds$294,214The complete starting cash picture.
Estimated remaining funds due at closing
$294,214No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$280,306.07
Your down payment$280,306.07
Closing costs + prepaids$13,907.51
Total buyer cash needed$294,213.58
Remaining funds due$294,213.58
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,350.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,471.25
Initial HOA (3 months)$60.00
Prepaid interest, first (25 days)$551.26
Fees + prepaids$13,907.51
Your down payment is the seller’s equity. You take over the $254,694 balance, so the rest of the $535,000 price is paid at closing. A second mortgage can cover part of it. $294,213.58 is due at closing. Uses and sources reconcile at $548,907.51 each. Not a Closing Disclosure.