Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$39,519Cash toward the purchase price.
Closing costs + prepaids$12,364Not just lender fees.
Before credits & paid funds$51,883The complete starting cash picture.
Estimated remaining funds due at closing
$51,883No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$39,519.09
Your down payment$39,519.09
Closing costs + prepaids$12,364.03
Total buyer cash needed$51,883.11
Remaining funds due$51,883.11
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,800.00
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)$2,125.75
Prepaid interest, first (29 days)$1,213.28
Fees + prepaids$12,364.03
Your down payment is the seller’s equity. You take over the $240,481 balance, so the rest of the $280,000 price is paid at closing. A second mortgage can cover part of it. $51,883.11 is due at closing. Uses and sources reconcile at $292,364.03 each. Not a Closing Disclosure.