Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$311,944Cash toward the purchase price.
Closing costs + prepaids$12,432Not just lender fees.
Before credits & paid funds$324,376The complete starting cash picture.
Estimated remaining funds due at closing
$324,376No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$311,943.94
Your down payment$311,943.94
Closing costs + prepaids$12,431.69
Total buyer cash needed$324,375.63
Remaining funds due$324,375.63
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,250.00
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)$1,106.00
Initial HOA (3 months)$465.99
Prepaid interest, first (30 days)$384.70
Fees + prepaids$12,431.69
Your down payment is the seller’s equity. You take over the $113,056 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $324,375.63 is due at closing. Uses and sources reconcile at $437,431.69 each. Not a Closing Disclosure.