Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$14,956Cash toward the purchase price.
Closing costs + prepaids$11,883Not just lender fees.
Before credits & paid funds$26,839The complete starting cash picture.
Estimated remaining funds due at closing
$26,839No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$14,955.64
Your down payment$14,955.64
Closing costs + prepaids$11,883.35
Total buyer cash needed$26,838.99
Remaining funds due$26,838.99
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,780.00
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)$766.50
Initial HOA (3 months)$1,209.00
Prepaid interest, first (24 days)$902.85
Fees + prepaids$11,883.35
Your down payment is the seller’s equity. You take over the $263,044 balance, so the rest of the $278,000 price is paid at closing. A second mortgage can cover part of it. $26,838.99 is due at closing. Uses and sources reconcile at $289,883.35 each. Not a Closing Disclosure.