Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$247,550Cash toward the purchase price.
Closing costs + prepaids$10,856Not just lender fees.
Before credits & paid funds$258,406The complete starting cash picture.
Estimated remaining funds due at closing
$258,406No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$247,549.81
Your down payment$247,549.81
Closing costs + prepaids$10,856.21
Total buyer cash needed$258,406.02
Remaining funds due$258,406.02
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,050.00
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)$1,038.50
Initial HOA (3 months)$300.00
Prepaid interest, first (30 days)$242.71
Fees + prepaids$10,856.21
Your down payment is the seller’s equity. You take over the $57,450 balance, so the rest of the $305,000 price is paid at closing. A second mortgage can cover part of it. $258,406.02 is due at closing. Uses and sources reconcile at $315,856.21 each. Not a Closing Disclosure.