Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$221,461Cash toward the purchase price.
Closing costs + prepaids$14,878Not just lender fees.
Before credits & paid funds$236,339The complete starting cash picture.
Estimated remaining funds due at closing
$236,339No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$221,460.56
Your down payment$221,460.56
Closing costs + prepaids$14,878.49
Total buyer cash needed$236,339.05
Remaining funds due$236,339.05
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,249.90
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)$20.50
Initial HOA (3 months)$570.00
Prepaid interest, first (24 days)$1,563.09
Fees + prepaids$14,878.49
Your down payment is the seller’s equity. You take over the $403,529 balance, so the rest of the $624,990 price is paid at closing. A second mortgage can cover part of it. $236,339.05 is due at closing. Uses and sources reconcile at $639,868.49 each. Not a Closing Disclosure.