Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$295,257Cash toward the purchase price.
Closing costs + prepaids$23,222Not just lender fees.
Before credits & paid funds$318,480The complete starting cash picture.
Estimated remaining funds due at closing
$318,480No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$295,257.15
Your down payment$295,257.15
Closing costs + prepaids$23,222.39
Total buyer cash needed$318,479.54
Remaining funds due$318,479.54
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,900.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,548.00
Initial HOA (3 months)$682.74
Prepaid interest, first (10 days)$866.65
Fees + prepaids$23,222.39
Your down payment is the seller’s equity. You take over the $994,743 balance, so the rest of the $1,290,000 price is paid at closing. A second mortgage can cover part of it. $318,479.54 is due at closing. Uses and sources reconcile at $1,313,222.39 each. Not a Closing Disclosure.