Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$52,482Cash toward the purchase price.
Closing costs + prepaids$10,354Not just lender fees.
Before credits & paid funds$62,836The complete starting cash picture.
Estimated remaining funds due at closing
$62,836No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$52,481.80
Your down payment$52,481.80
Closing costs + prepaids$10,354.09
Total buyer cash needed$62,835.89
Remaining funds due$62,835.89
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,800.00
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)$249.25
Initial HOA (3 months)$504.00
Prepaid interest, first (31 days)$575.84
Fees + prepaids$10,354.09
Your down payment is the seller’s equity. You take over the $227,518 balance, so the rest of the $280,000 price is paid at closing. A second mortgage can cover part of it. $62,835.89 is due at closing. Uses and sources reconcile at $290,354.09 each. Not a Closing Disclosure.