Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$277,865Cash toward the purchase price.
Closing costs + prepaids$11,467Not just lender fees.
Before credits & paid funds$289,333The complete starting cash picture.
Estimated remaining funds due at closing
$289,333No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$277,865.28
Your down payment$277,865.28
Closing costs + prepaids$11,467.50
Total buyer cash needed$289,332.77
Remaining funds due$289,332.77
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,850.00
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)$692.75
Initial HOA (3 months)$360.00
Prepaid interest, first (25 days)$339.75
Fees + prepaids$11,467.50
Your down payment is the seller’s equity. You take over the $107,135 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $289,332.77 is due at closing. Uses and sources reconcile at $396,467.50 each. Not a Closing Disclosure.