Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$285,564Cash toward the purchase price.
Closing costs + prepaids$10,975Not just lender fees.
Before credits & paid funds$296,539The complete starting cash picture.
Estimated remaining funds due at closing
$296,539No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$285,563.92
Your down payment$285,563.92
Closing costs + prepaids$10,975.24
Total buyer cash needed$296,539.16
Remaining funds due$296,539.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,500.00
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)$420.00
Initial HOA (3 months)$750.00
Prepaid interest, first (9 days)$80.24
Fees + prepaids$10,975.24
Your down payment is the seller’s equity. You take over the $64,436 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $296,539.16 is due at closing. Uses and sources reconcile at $360,975.24 each. Not a Closing Disclosure.