Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$116,250Cash toward the purchase price.
Closing costs + prepaids$15,607Not just lender fees.
Before credits & paid funds$131,857The complete starting cash picture.
Estimated remaining funds due at closing
$131,857No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$116,250.02
Your down payment$116,250.02
Closing costs + prepaids$15,606.58
Total buyer cash needed$131,856.60
Remaining funds due$131,856.60
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,250.00
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)$1,598.75
Initial HOA (3 months)$300.00
Prepaid interest, first (26 days)$1,982.83
Fees + prepaids$15,606.58
Your down payment is the seller’s equity. You take over the $408,750 balance, so the rest of the $525,000 price is paid at closing. A second mortgage can cover part of it. $131,856.60 is due at closing. Uses and sources reconcile at $540,606.58 each. Not a Closing Disclosure.