Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$240,657Cash toward the purchase price.
Closing costs + prepaids$10,551Not just lender fees.
Before credits & paid funds$251,208The complete starting cash picture.
Estimated remaining funds due at closing
$251,208No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$240,656.64
Your down payment$240,656.64
Closing costs + prepaids$10,550.99
Total buyer cash needed$251,207.63
Remaining funds due$251,207.63
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,950.00
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)$253.25
Initial HOA (3 months)$110.01
Prepaid interest, first (1 days)$12.73
Fees + prepaids$10,550.99
Your down payment is the seller’s equity. You take over the $154,343 balance, so the rest of the $395,000 price is paid at closing. A second mortgage can cover part of it. $251,207.63 is due at closing. Uses and sources reconcile at $405,550.99 each. Not a Closing Disclosure.