Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$278,223Cash toward the purchase price.
Closing costs + prepaids$16,454Not just lender fees.
Before credits & paid funds$294,676The complete starting cash picture.
Estimated remaining funds due at closing
$294,676No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$278,222.56
Your down payment$278,222.56
Closing costs + prepaids$16,453.90
Total buyer cash needed$294,676.47
Remaining funds due$294,676.47
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,150.00
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)$1,537.50
Initial HOA (3 months)$1,554.00
Prepaid interest, first (27 days)$737.40
Fees + prepaids$16,453.90
Your down payment is the seller’s equity. You take over the $336,777 balance, so the rest of the $615,000 price is paid at closing. A second mortgage can cover part of it. $294,676.47 is due at closing. Uses and sources reconcile at $631,453.90 each. Not a Closing Disclosure.