Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$280,949Cash toward the purchase price.
Closing costs + prepaids$14,357Not just lender fees.
Before credits & paid funds$295,305The complete starting cash picture.
Estimated remaining funds due at closing
$295,305No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$280,948.88
Your down payment$280,948.88
Closing costs + prepaids$14,356.57
Total buyer cash needed$295,305.45
Remaining funds due$295,305.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,985.00
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)$1,082.25
Prepaid interest, first (24 days)$814.32
Fees + prepaids$14,356.57
Your down payment is the seller’s equity. You take over the $317,551 balance, so the rest of the $598,500 price is paid at closing. A second mortgage can cover part of it. $295,305.45 is due at closing. Uses and sources reconcile at $612,856.57 each. Not a Closing Disclosure.