Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$280,938Cash toward the purchase price.
Closing costs + prepaids$15,091Not just lender fees.
Before credits & paid funds$296,029The complete starting cash picture.
Estimated remaining funds due at closing
$296,029No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$280,937.80
Your down payment$280,937.80
Closing costs + prepaids$15,091.01
Total buyer cash needed$296,028.81
Remaining funds due$296,028.81
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,856.50
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Initial HOA (3 months)$246.00
Prepaid interest, first (26 days)$1,513.51
Fees + prepaids$15,091.01
Your down payment is the seller’s equity. You take over the $404,712 balance, so the rest of the $685,650 price is paid at closing. A second mortgage can cover part of it. $296,028.81 is due at closing. Uses and sources reconcile at $700,741.01 each. Not a Closing Disclosure.