Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$61,316Cash toward the purchase price.
Closing costs + prepaids$9,802Not just lender fees.
Before credits & paid funds$71,118The complete starting cash picture.
Estimated remaining funds due at closing
$71,118No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$61,315.53
Your down payment$61,315.53
Closing costs + prepaids$9,802.45
Total buyer cash needed$71,117.99
Remaining funds due$71,117.99
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,780.00
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)$709.00
Prepaid interest, first (5 days)$88.45
Fees + prepaids$9,802.45
Your down payment is the seller’s equity. You take over the $216,684 balance, so the rest of the $278,000 price is paid at closing. A second mortgage can cover part of it. $71,117.99 is due at closing. Uses and sources reconcile at $287,802.45 each. Not a Closing Disclosure.