Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$259,506Cash toward the purchase price.
Closing costs + prepaids$16,492Not just lender fees.
Before credits & paid funds$275,998The complete starting cash picture.
Estimated remaining funds due at closing
$275,998No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$259,506.30
Your down payment$259,506.30
Closing costs + prepaids$16,491.65
Total buyer cash needed$275,997.95
Remaining funds due$275,997.95
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,600.00
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)$844.75
Initial HOA (3 months)$1,140.00
Prepaid interest, first (25 days)$1,431.90
Fees + prepaids$16,491.65
Your down payment is the seller’s equity. You take over the $400,494 balance, so the rest of the $660,000 price is paid at closing. A second mortgage can cover part of it. $275,997.95 is due at closing. Uses and sources reconcile at $676,491.65 each. Not a Closing Disclosure.