Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$230,651Cash toward the purchase price.
Closing costs + prepaids$14,680Not just lender fees.
Before credits & paid funds$245,331The complete starting cash picture.
Estimated remaining funds due at closing
$245,331No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$230,651.10
Your down payment$230,651.10
Closing costs + prepaids$14,679.84
Total buyer cash needed$245,330.94
Remaining funds due$245,330.94
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,200.00
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)$3,414.00
Initial HOA (3 months)$222.99
Prepaid interest, first (30 days)$617.85
Fees + prepaids$14,679.84
Your down payment is the seller’s equity. You take over the $189,349 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $245,330.94 is due at closing. Uses and sources reconcile at $434,679.84 each. Not a Closing Disclosure.