Follow the dollars · Assumption only
A complete cash picture for Dec 28, 2026
Your down payment$240,048Cash toward the purchase price.
Closing costs + prepaids$10,528Not just lender fees.
Before credits & paid funds$250,576The complete starting cash picture.
Estimated remaining funds due at closing
$250,576No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,048.16
Your down payment$240,048.16
Closing costs + prepaids$10,527.65
Total buyer cash needed$250,575.82
Remaining funds due$250,575.82
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,645.59
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)$674.75
Initial HOA (3 months)$972.00
Prepaid interest, first (4 days)$10.31
Fees + prepaids$10,527.65
Your down payment is the seller’s equity. You take over the $24,511 balance, so the rest of the $264,559 price is paid at closing. A second mortgage can cover part of it. $250,575.82 is due at closing. Uses and sources reconcile at $275,086.65 each. Not a Closing Disclosure.