Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$278,102Cash toward the purchase price.
Closing costs + prepaids$17,146Not just lender fees.
Before credits & paid funds$295,248The complete starting cash picture.
Estimated remaining funds due at closing
$295,248No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$278,102.40
Your down payment$278,102.40
Closing costs + prepaids$17,146.08
Total buyer cash needed$295,248.49
Remaining funds due$295,248.49
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,750.00
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)$1,687.50
Initial HOA (3 months)$1,425.00
Prepaid interest, first (26 days)$808.58
Fees + prepaids$17,146.08
Your down payment is the seller’s equity. You take over the $396,898 balance, so the rest of the $675,000 price is paid at closing. A second mortgage can cover part of it. $295,248.49 is due at closing. Uses and sources reconcile at $692,146.08 each. Not a Closing Disclosure.