Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$242,603Cash toward the purchase price.
Closing costs + prepaids$11,655Not just lender fees.
Before credits & paid funds$254,259The complete starting cash picture.
Estimated remaining funds due at closing
$254,259No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$242,603.29
Your down payment$242,603.29
Closing costs + prepaids$11,655.47
Total buyer cash needed$254,258.76
Remaining funds due$254,258.76
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,200.00
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)$392.50
Initial HOA (3 months)$246.00
Prepaid interest, first (29 days)$591.97
Fees + prepaids$11,655.47
Your down payment is the seller’s equity. You take over the $177,397 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $254,258.76 is due at closing. Uses and sources reconcile at $431,655.47 each. Not a Closing Disclosure.