Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$242,863Cash toward the purchase price.
Closing costs + prepaids$14,774Not just lender fees.
Before credits & paid funds$257,637The complete starting cash picture.
Estimated remaining funds due at closing
$257,637No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$242,863.17
Your down payment$242,863.17
Closing costs + prepaids$14,773.88
Total buyer cash needed$257,637.05
Remaining funds due$257,637.05
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,750.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$794.50
Initial HOA (3 months)$8.25
Prepaid interest, first (31 days)$1,746.13
Fees + prepaids$14,773.88
Your down payment is the seller’s equity. You take over the $332,137 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $257,637.05 is due at closing. Uses and sources reconcile at $589,773.88 each. Not a Closing Disclosure.