Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$230,662Cash toward the purchase price.
Closing costs + prepaids$14,131Not just lender fees.
Before credits & paid funds$244,793The complete starting cash picture.
Estimated remaining funds due at closing
$244,793No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$230,661.66
Your down payment$230,661.66
Closing costs + prepaids$14,131.10
Total buyer cash needed$244,792.76
Remaining funds due$244,792.76
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,249.00
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)$781.25
Initial HOA (3 months)$75.00
Prepaid interest, first (17 days)$550.85
Fees + prepaids$14,131.10
Your down payment is the seller’s equity. You take over the $394,238 balance, so the rest of the $624,900 price is paid at closing. A second mortgage can cover part of it. $244,792.76 is due at closing. Uses and sources reconcile at $639,031.10 each. Not a Closing Disclosure.