Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$376,829Cash toward the purchase price.
Closing costs + prepaids$14,968Not just lender fees.
Before credits & paid funds$391,797The complete starting cash picture.
Estimated remaining funds due at closing
$391,797No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$376,829.18
Your down payment$376,829.18
Closing costs + prepaids$14,968.19
Total buyer cash needed$391,797.37
Remaining funds due$391,797.37
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,249.00
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)$331.50
Initial HOA (3 months)$735.00
Prepaid interest, first (24 days)$1,177.69
Fees + prepaids$14,968.19
Your down payment is the seller’s equity. You take over the $248,071 balance, so the rest of the $624,900 price is paid at closing. A second mortgage can cover part of it. $391,797.37 is due at closing. Uses and sources reconcile at $639,868.19 each. Not a Closing Disclosure.