Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$280,681Cash toward the purchase price.
Closing costs + prepaids$10,953Not just lender fees.
Before credits & paid funds$291,633The complete starting cash picture.
Estimated remaining funds due at closing
$291,633No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$280,680.68
Your down payment$280,680.68
Closing costs + prepaids$10,952.60
Total buyer cash needed$291,633.28
Remaining funds due$291,633.28
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,980.00
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)$406.25
Prepaid interest, first (30 days)$341.35
Fees + prepaids$10,952.60
Your down payment is the seller’s equity. You take over the $117,319 balance, so the rest of the $398,000 price is paid at closing. A second mortgage can cover part of it. $291,633.28 is due at closing. Uses and sources reconcile at $408,952.60 each. Not a Closing Disclosure.