Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$305,490Cash toward the purchase price.
Closing costs + prepaids$12,330Not just lender fees.
Before credits & paid funds$317,820The complete starting cash picture.
Estimated remaining funds due at closing
$317,820No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$305,489.84
Your down payment$305,489.84
Closing costs + prepaids$12,330.21
Total buyer cash needed$317,820.05
Remaining funds due$317,820.05
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,250.00
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)$615.00
Initial HOA (3 months)$975.00
Prepaid interest, first (27 days)$265.21
Fees + prepaids$12,330.21
Your down payment is the seller’s equity. You take over the $119,510 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $317,820.05 is due at closing. Uses and sources reconcile at $437,330.21 each. Not a Closing Disclosure.