Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$8,904Cash toward the purchase price.
Closing costs + prepaids$11,096Not just lender fees.
Before credits & paid funds$20,000The complete starting cash picture.
Estimated remaining funds due at closing
$20,000No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$8,903.98
Your down payment$8,903.98
Closing costs + prepaids$11,096.17
Total buyer cash needed$20,000.15
Remaining funds due$20,000.15
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,620.00
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)$223.25
Initial HOA (3 months)$630.00
Prepaid interest, first (30 days)$1,397.92
Fees + prepaids$11,096.17
Your down payment is the seller’s equity. You take over the $253,096 balance, so the rest of the $262,000 price is paid at closing. A second mortgage can cover part of it. $20,000.15 is due at closing. Uses and sources reconcile at $273,096.17 each. Not a Closing Disclosure.