Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$288,940Cash toward the purchase price.
Closing costs + prepaids$11,170Not just lender fees.
Before credits & paid funds$300,109The complete starting cash picture.
Estimated remaining funds due at closing
$300,109No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$288,939.51
Your down payment$288,939.51
Closing costs + prepaids$11,169.66
Total buyer cash needed$300,109.16
Remaining funds due$300,109.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,000.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$1,800.00
Insurance escrow (3 months)$450.00
Property tax escrow (3 months)$538.00
Initial HOA (3 months)$58.26
Prepaid interest, first (25 days)$348.40
Fees + prepaids$11,169.66
Your down payment is the seller’s equity. You take over the $111,060 balance, so the rest of the $400,000 price is paid at closing. A second mortgage can cover part of it. $300,109.16 is due at closing. Uses and sources reconcile at $411,169.66 each. Not a Closing Disclosure.