Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$351,371Cash toward the purchase price.
Closing costs + prepaids$13,129Not just lender fees.
Before credits & paid funds$364,500The complete starting cash picture.
Estimated remaining funds due at closing
$364,500No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$351,371.36
Your down payment$351,371.36
Closing costs + prepaids$13,128.95
Total buyer cash needed$364,500.31
Remaining funds due$364,500.31
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,750.00
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)$690.00
Prepaid interest, first (9 days)$213.95
Fees + prepaids$13,128.95
Your down payment is the seller’s equity. You take over the $223,629 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $364,500.31 is due at closing. Uses and sources reconcile at $588,128.95 each. Not a Closing Disclosure.