Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$50,503Cash toward the purchase price.
Closing costs + prepaids$9,982Not just lender fees.
Before credits & paid funds$60,485The complete starting cash picture.
Estimated remaining funds due at closing
$60,485No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,503.33
Your down payment$50,503.33
Closing costs + prepaids$9,981.91
Total buyer cash needed$60,485.23
Remaining funds due$60,485.23
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,790.00
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)$947.50
Prepaid interest, first (1 days)$19.41
Fees + prepaids$9,981.91
Your down payment is the seller’s equity. You take over the $228,497 balance, so the rest of the $279,000 price is paid at closing. A second mortgage can cover part of it. $60,485.23 is due at closing. Uses and sources reconcile at $288,981.91 each. Not a Closing Disclosure.