Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$295,257Cash toward the purchase price.
Closing costs + prepaids$23,136Not just lender fees.
Before credits & paid funds$318,393The complete starting cash picture.
Estimated remaining funds due at closing
$318,393No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$295,257.15
Your down payment$295,257.15
Closing costs + prepaids$23,135.73
Total buyer cash needed$318,392.87
Remaining funds due$318,392.87
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,900.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,548.00
Initial HOA (3 months)$682.74
Prepaid interest, first (9 days)$779.99
Fees + prepaids$23,135.73
Your down payment is the seller’s equity. You take over the $994,743 balance, so the rest of the $1,290,000 price is paid at closing. A second mortgage can cover part of it. $318,392.87 is due at closing. Uses and sources reconcile at $1,313,135.73 each. Not a Closing Disclosure.