Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$263,415Cash toward the purchase price.
Closing costs + prepaids$10,949Not just lender fees.
Before credits & paid funds$274,364The complete starting cash picture.
Estimated remaining funds due at closing
$274,364No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$263,415.33
Your down payment$263,415.33
Closing costs + prepaids$10,949.13
Total buyer cash needed$274,364.46
Remaining funds due$274,364.46
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,960.00
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)$403.75
Initial HOA (3 months)$159.00
Prepaid interest, first (18 days)$201.38
Fees + prepaids$10,949.13
Your down payment is the seller’s equity. You take over the $132,585 balance, so the rest of the $396,000 price is paid at closing. A second mortgage can cover part of it. $274,364.46 is due at closing. Uses and sources reconcile at $406,949.13 each. Not a Closing Disclosure.