Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$16,244Cash toward the purchase price.
Closing costs + prepaids$12,051Not just lender fees.
Before credits & paid funds$28,295The complete starting cash picture.
Estimated remaining funds due at closing
$28,295No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$16,244.33
Your down payment$16,244.33
Closing costs + prepaids$12,050.51
Total buyer cash needed$28,294.84
Remaining funds due$28,294.84
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,650.00
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)$790.75
Initial HOA (3 months)$1,212.00
Prepaid interest, first (24 days)$1,172.76
Fees + prepaids$12,050.51
Your down payment is the seller’s equity. You take over the $248,756 balance, so the rest of the $265,000 price is paid at closing. A second mortgage can cover part of it. $28,294.84 is due at closing. Uses and sources reconcile at $277,050.51 each. Not a Closing Disclosure.