Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$298,004Cash toward the purchase price.
Closing costs + prepaids$13,258Not just lender fees.
Before credits & paid funds$311,262The complete starting cash picture.
Estimated remaining funds due at closing
$311,262No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$298,004.25
Your down payment$298,004.25
Closing costs + prepaids$13,257.58
Total buyer cash needed$311,261.83
Remaining funds due$311,261.83
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,150.00
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)$811.00
Initial HOA (3 months)$126.00
Prepaid interest, first (26 days)$695.58
Fees + prepaids$13,257.58
Your down payment is the seller’s equity. You take over the $216,996 balance, so the rest of the $515,000 price is paid at closing. A second mortgage can cover part of it. $311,261.83 is due at closing. Uses and sources reconcile at $528,257.58 each. Not a Closing Disclosure.