Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$231,469Cash toward the purchase price.
Closing costs + prepaids$13,549Not just lender fees.
Before credits & paid funds$245,018The complete starting cash picture.
Estimated remaining funds due at closing
$245,018No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$231,468.65
Your down payment$231,468.65
Closing costs + prepaids$13,549.48
Total buyer cash needed$245,018.13
Remaining funds due$245,018.13
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,475.00
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)$431.25
Initial HOA (3 months)$414.00
Prepaid interest, first (31 days)$754.23
Fees + prepaids$13,549.48
Your down payment is the seller’s equity. You take over the $316,031 balance, so the rest of the $547,500 price is paid at closing. A second mortgage can cover part of it. $245,018.13 is due at closing. Uses and sources reconcile at $561,049.48 each. Not a Closing Disclosure.