Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$61,316Cash toward the purchase price.
Closing costs + prepaids$10,452Not just lender fees.
Before credits & paid funds$71,767The complete starting cash picture.
Estimated remaining funds due at closing
$71,767No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$61,315.53
Your down payment$61,315.53
Closing costs + prepaids$10,451.58
Total buyer cash needed$71,767.12
Remaining funds due$71,767.12
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)$1,022.00
Prepaid interest, first (24 days)$424.58
Fees + prepaids$10,451.58
Your down payment is the seller’s equity. You take over the $216,684 balance, so the rest of the $278,000 price is paid at closing. A second mortgage can cover part of it. $71,767.12 is due at closing. Uses and sources reconcile at $288,451.58 each. Not a Closing Disclosure.