Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$280,803Cash toward the purchase price.
Closing costs + prepaids$15,413Not just lender fees.
Before credits & paid funds$296,216The complete starting cash picture.
Estimated remaining funds due at closing
$296,216No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$280,802.91
Your down payment$280,802.91
Closing costs + prepaids$15,413.14
Total buyer cash needed$296,216.05
Remaining funds due$296,216.05
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)$1,296.25
Initial HOA (3 months)$750.00
Prepaid interest, first (31 days)$1,141.89
Fees + prepaids$15,413.14
Your down payment is the seller’s equity. You take over the $294,197 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $296,216.05 is due at closing. Uses and sources reconcile at $590,413.14 each. Not a Closing Disclosure.