Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$281,064Cash toward the purchase price.
Closing costs + prepaids$12,164Not just lender fees.
Before credits & paid funds$293,229The complete starting cash picture.
Estimated remaining funds due at closing
$293,229No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$281,064.41
Your down payment$281,064.41
Closing costs + prepaids$12,164.19
Total buyer cash needed$293,228.60
Remaining funds due$293,228.60
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)$893.50
Initial HOA (3 months)$300.00
Prepaid interest, first (30 days)$495.69
Fees + prepaids$12,164.19
Your down payment is the seller’s equity. You take over the $143,936 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $293,228.60 is due at closing. Uses and sources reconcile at $437,164.19 each. Not a Closing Disclosure.