Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$350,028Cash toward the purchase price.
Closing costs + prepaids$14,930Not just lender fees.
Before credits & paid funds$364,957The complete starting cash picture.
Estimated remaining funds due at closing
$364,957No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$350,027.70
Your down payment$350,027.70
Closing costs + prepaids$14,929.64
Total buyer cash needed$364,957.34
Remaining funds due$364,957.34
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,150.00
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)$1,568.25
Initial HOA (3 months)$570.00
Prepaid interest, first (6 days)$166.39
Fees + prepaids$14,929.64
Your down payment is the seller’s equity. You take over the $264,972 balance, so the rest of the $615,000 price is paid at closing. A second mortgage can cover part of it. $364,957.34 is due at closing. Uses and sources reconcile at $629,929.64 each. Not a Closing Disclosure.