Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$10,854Cash toward the purchase price.
Closing costs + prepaids$11,094Not just lender fees.
Before credits & paid funds$21,948The complete starting cash picture.
Estimated remaining funds due at closing
$21,948No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$10,854.04
Your down payment$10,854.04
Closing costs + prepaids$11,094.19
Total buyer cash needed$21,948.23
Remaining funds due$21,948.23
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,880.00
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)$563.00
Initial HOA (3 months)$105.00
Prepaid interest, first (25 days)$1,321.19
Fees + prepaids$11,094.19
Your down payment is the seller’s equity. You take over the $277,146 balance, so the rest of the $288,000 price is paid at closing. A second mortgage can cover part of it. $21,948.23 is due at closing. Uses and sources reconcile at $299,094.19 each. Not a Closing Disclosure.