Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$264,654Cash toward the purchase price.
Closing costs + prepaids$13,494Not just lender fees.
Before credits & paid funds$278,148The complete starting cash picture.
Estimated remaining funds due at closing
$278,148No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$264,653.76
Your down payment$264,653.76
Closing costs + prepaids$13,494.25
Total buyer cash needed$278,148.01
Remaining funds due$278,148.01
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,749.50
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)$690.00
Initial HOA (3 months)$186.99
Prepaid interest, first (7 days)$392.76
Fees + prepaids$13,494.25
Your down payment is the seller’s equity. You take over the $310,296 balance, so the rest of the $574,950 price is paid at closing. A second mortgage can cover part of it. $278,148.01 is due at closing. Uses and sources reconcile at $588,444.25 each. Not a Closing Disclosure.