Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$262,080Cash toward the purchase price.
Closing costs + prepaids$12,398Not just lender fees.
Before credits & paid funds$274,478The complete starting cash picture.
Estimated remaining funds due at closing
$274,478No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$262,079.79
Your down payment$262,079.79
Closing costs + prepaids$12,398.24
Total buyer cash needed$274,478.02
Remaining funds due$274,478.02
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,600.00
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)$900.00
Initial HOA (3 months)$1,200.00
Prepaid interest, first (28 days)$473.24
Fees + prepaids$12,398.24
Your down payment is the seller’s equity. You take over the $97,920 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $274,478.02 is due at closing. Uses and sources reconcile at $372,398.24 each. Not a Closing Disclosure.