Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$8,580Cash toward the purchase price.
Closing costs + prepaids$10,671Not just lender fees.
Before credits & paid funds$19,251The complete starting cash picture.
Estimated remaining funds due at closing
$19,251No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$8,579.83
Your down payment$8,579.83
Closing costs + prepaids$10,671.29
Total buyer cash needed$19,251.13
Remaining funds due$19,251.13
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,750.00
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)$343.75
Initial HOA (3 months)$510.00
Prepaid interest, first (17 days)$842.54
Fees + prepaids$10,671.29
Your down payment is the seller’s equity. You take over the $266,420 balance, so the rest of the $275,000 price is paid at closing. A second mortgage can cover part of it. $19,251.13 is due at closing. Uses and sources reconcile at $285,671.29 each. Not a Closing Disclosure.