Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$212,422Cash toward the purchase price.
Closing costs + prepaids$10,686Not just lender fees.
Before credits & paid funds$223,107The complete starting cash picture.
Estimated remaining funds due at closing
$223,107No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$212,421.90
Your down payment$212,421.90
Closing costs + prepaids$10,685.55
Total buyer cash needed$223,107.45
Remaining funds due$223,107.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,750.00
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)$386.75
Initial HOA (3 months)$1,080.00
Prepaid interest, first (30 days)$243.80
Fees + prepaids$10,685.55
Your down payment is the seller’s equity. You take over the $62,578 balance, so the rest of the $275,000 price is paid at closing. A second mortgage can cover part of it. $223,107.45 is due at closing. Uses and sources reconcile at $285,685.55 each. Not a Closing Disclosure.