Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$240,620Cash toward the purchase price.
Closing costs + prepaids$13,905Not just lender fees.
Before credits & paid funds$254,525The complete starting cash picture.
Estimated remaining funds due at closing
$254,525No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,620.39
Your down payment$240,620.39
Closing costs + prepaids$13,905.10
Total buyer cash needed$254,525.49
Remaining funds due$254,525.49
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,424.00
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)$1,354.75
Prepaid interest, first (26 days)$651.35
Fees + prepaids$13,905.10
Your down payment is the seller’s equity. You take over the $301,780 balance, so the rest of the $542,400 price is paid at closing. A second mortgage can cover part of it. $254,525.49 is due at closing. Uses and sources reconcile at $556,305.10 each. Not a Closing Disclosure.