Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$2,408Cash toward the purchase price.
Closing costs + prepaids$12,552Not just lender fees.
Before credits & paid funds$14,961The complete starting cash picture.
Estimated remaining funds due at closing
$14,961No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$2,408.20
Your down payment$2,408.20
Closing costs + prepaids$12,552.42
Total buyer cash needed$14,960.62
Remaining funds due$14,960.62
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,850.00
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)$953.75
Initial HOA (3 months)$870.00
Prepaid interest, first (31 days)$1,653.67
Fees + prepaids$12,552.42
Your down payment is the seller’s equity. You take over the $282,592 balance, so the rest of the $285,000 price is paid at closing. A second mortgage can cover part of it. $14,960.62 is due at closing. Uses and sources reconcile at $297,552.42 each. Not a Closing Disclosure.