Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$263,848Cash toward the purchase price.
Closing costs + prepaids$14,445Not just lender fees.
Before credits & paid funds$278,293The complete starting cash picture.
Estimated remaining funds due at closing
$278,293No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$263,847.73
Your down payment$263,847.73
Closing costs + prepaids$14,444.78
Total buyer cash needed$278,292.52
Remaining funds due$278,292.52
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,874.00
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)$530.50
Prepaid interest, first (27 days)$1,565.28
Fees + prepaids$14,444.78
Your down payment is the seller’s equity. You take over the $323,552 balance, so the rest of the $587,400 price is paid at closing. A second mortgage can cover part of it. $278,292.52 is due at closing. Uses and sources reconcile at $601,844.78 each. Not a Closing Disclosure.