Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$264,769Cash toward the purchase price.
Closing costs + prepaids$27,790Not just lender fees.
Before credits & paid funds$292,559The complete starting cash picture.
Estimated remaining funds due at closing
$292,559No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$264,769.35
Your down payment$264,769.35
Closing costs + prepaids$27,789.93
Total buyer cash needed$292,559.28
Remaining funds due$292,559.28
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,000.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,000.00
Initial HOA (3 months)$2,667.00
Prepaid interest, first (26 days)$2,897.93
Fees + prepaids$27,789.93
Your down payment is the seller’s equity. You take over the $935,231 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $292,559.28 is due at closing. Uses and sources reconcile at $1,227,789.93 each. Not a Closing Disclosure.