Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$307,692Cash toward the purchase price.
Closing costs + prepaids$12,980Not just lender fees.
Before credits & paid funds$320,673The complete starting cash picture.
Estimated remaining funds due at closing
$320,673No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$307,692.13
Your down payment$307,692.13
Closing costs + prepaids$12,980.41
Total buyer cash needed$320,672.54
Remaining funds due$320,672.54
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,350.00
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)$642.00
Initial HOA (3 months)$278.01
Prepaid interest, first (9 days)$235.40
Fees + prepaids$12,980.41
Your down payment is the seller’s equity. You take over the $227,308 balance, so the rest of the $535,000 price is paid at closing. A second mortgage can cover part of it. $320,672.54 is due at closing. Uses and sources reconcile at $547,980.41 each. Not a Closing Disclosure.