Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$324,042Cash toward the purchase price.
Closing costs + prepaids$14,701Not just lender fees.
Before credits & paid funds$338,743The complete starting cash picture.
Estimated remaining funds due at closing
$338,743No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$324,041.50
Your down payment$324,041.50
Closing costs + prepaids$14,701.41
Total buyer cash needed$338,742.91
Remaining funds due$338,742.91
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,050.00
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)$1,512.50
Prepaid interest, first (25 days)$663.91
Fees + prepaids$14,701.41
Your down payment is the seller’s equity. You take over the $280,958 balance, so the rest of the $605,000 price is paid at closing. A second mortgage can cover part of it. $338,742.91 is due at closing. Uses and sources reconcile at $619,701.41 each. Not a Closing Disclosure.