Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$280,236Cash toward the purchase price.
Closing costs + prepaids$13,907Not just lender fees.
Before credits & paid funds$294,142The complete starting cash picture.
Estimated remaining funds due at closing
$294,142No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$280,235.66
Your down payment$280,235.66
Closing costs + prepaids$13,906.70
Total buyer cash needed$294,142.36
Remaining funds due$294,142.36
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,960.00
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)$1,642.25
Initial HOA (3 months)$270.00
Prepaid interest, first (26 days)$559.45
Fees + prepaids$13,906.70
Your down payment is the seller’s equity. You take over the $215,764 balance, so the rest of the $496,000 price is paid at closing. A second mortgage can cover part of it. $294,142.36 is due at closing. Uses and sources reconcile at $509,906.70 each. Not a Closing Disclosure.