Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$55,027Cash toward the purchase price.
Closing costs + prepaids$10,250Not just lender fees.
Before credits & paid funds$65,277The complete starting cash picture.
Estimated remaining funds due at closing
$65,277No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,027.22
Your down payment$55,027.22
Closing costs + prepaids$10,250.01
Total buyer cash needed$65,277.24
Remaining funds due$65,277.24
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,600.00
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)$312.00
Initial HOA (3 months)$894.00
Prepaid interest, first (6 days)$219.01
Fees + prepaids$10,250.01
Your down payment is the seller’s equity. You take over the $204,973 balance, so the rest of the $260,000 price is paid at closing. A second mortgage can cover part of it. $65,277.24 is due at closing. Uses and sources reconcile at $270,250.01 each. Not a Closing Disclosure.