Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$294,423Cash toward the purchase price.
Closing costs + prepaids$11,394Not just lender fees.
Before credits & paid funds$305,818The complete starting cash picture.
Estimated remaining funds due at closing
$305,818No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$294,423.17
Your down payment$294,423.17
Closing costs + prepaids$11,394.36
Total buyer cash needed$305,817.53
Remaining funds due$305,817.53
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,590.00
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)$430.75
Initial HOA (3 months)$1,107.00
Prepaid interest, first (7 days)$41.61
Fees + prepaids$11,394.36
Your down payment is the seller’s equity. You take over the $64,577 balance, so the rest of the $359,000 price is paid at closing. A second mortgage can cover part of it. $305,817.53 is due at closing. Uses and sources reconcile at $370,394.36 each. Not a Closing Disclosure.