Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$266,462Cash toward the purchase price.
Closing costs + prepaids$11,216Not just lender fees.
Before credits & paid funds$277,677The complete starting cash picture.
Estimated remaining funds due at closing
$277,677No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$266,461.74
Your down payment$266,461.74
Closing costs + prepaids$11,215.51
Total buyer cash needed$277,677.25
Remaining funds due$277,677.25
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,200.00
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)$499.75
Prepaid interest, first (24 days)$290.76
Fees + prepaids$11,215.51
Your down payment is the seller’s equity. You take over the $153,538 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $277,677.25 is due at closing. Uses and sources reconcile at $431,215.51 each. Not a Closing Disclosure.