Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$240,468Cash toward the purchase price.
Closing costs + prepaids$14,767Not just lender fees.
Before credits & paid funds$255,235The complete starting cash picture.
Estimated remaining funds due at closing
$255,235No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,468.08
Your down payment$240,468.08
Closing costs + prepaids$14,766.81
Total buyer cash needed$255,234.90
Remaining funds due$255,234.90
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)$2,022.75
Initial HOA (3 months)$453.99
Prepaid interest, first (1 days)$65.07
Fees + prepaids$14,766.81
Your down payment is the seller’s equity. You take over the $334,532 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $255,234.90 is due at closing. Uses and sources reconcile at $589,766.81 each. Not a Closing Disclosure.