Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$224,046Cash toward the purchase price.
Closing costs + prepaids$14,878Not just lender fees.
Before credits & paid funds$238,924The complete starting cash picture.
Estimated remaining funds due at closing
$238,924No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$224,045.69
Your down payment$224,045.69
Closing costs + prepaids$14,878.34
Total buyer cash needed$238,924.04
Remaining funds due$238,924.04
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,380.00
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)$1,645.75
Initial HOA (3 months)$840.00
Prepaid interest, first (25 days)$537.59
Fees + prepaids$14,878.34
Your down payment is the seller’s equity. You take over the $313,954 balance, so the rest of the $538,000 price is paid at closing. A second mortgage can cover part of it. $238,924.04 is due at closing. Uses and sources reconcile at $552,878.34 each. Not a Closing Disclosure.