Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$275,773Cash toward the purchase price.
Closing costs + prepaids$10,206Not just lender fees.
Before credits & paid funds$285,979The complete starting cash picture.
Estimated remaining funds due at closing
$285,979No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$275,773.15
Your down payment$275,773.15
Closing costs + prepaids$10,206.01
Total buyer cash needed$285,979.16
Remaining funds due$285,979.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,500.00
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)$420.00
Prepaid interest, first (6 days)$61.01
Fees + prepaids$10,206.01
Your down payment is the seller’s equity. You take over the $74,227 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $285,979.16 is due at closing. Uses and sources reconcile at $360,206.01 each. Not a Closing Disclosure.