Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$295,398Cash toward the purchase price.
Closing costs + prepaids$10,761Not just lender fees.
Before credits & paid funds$306,159The complete starting cash picture.
Estimated remaining funds due at closing
$306,159No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$295,397.51
Your down payment$295,397.51
Closing costs + prepaids$10,761.21
Total buyer cash needed$306,158.73
Remaining funds due$306,158.73
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,850.00
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)$481.25
Initial HOA (3 months)$23.01
Prepaid interest, first (17 days)$181.95
Fees + prepaids$10,761.21
Your down payment is the seller’s equity. You take over the $89,602 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $306,158.73 is due at closing. Uses and sources reconcile at $395,761.21 each. Not a Closing Disclosure.