Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$212,720Cash toward the purchase price.
Closing costs + prepaids$11,233Not just lender fees.
Before credits & paid funds$223,953The complete starting cash picture.
Estimated remaining funds due at closing
$223,953No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$212,720.40
Your down payment$212,720.40
Closing costs + prepaids$11,232.63
Total buyer cash needed$223,953.03
Remaining funds due$223,953.03
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,980.00
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)$477.50
Initial HOA (3 months)$375.00
Prepaid interest, first (10 days)$175.13
Fees + prepaids$11,232.63
Your down payment is the seller’s equity. You take over the $185,280 balance, so the rest of the $398,000 price is paid at closing. A second mortgage can cover part of it. $223,953.03 is due at closing. Uses and sources reconcile at $409,232.63 each. Not a Closing Disclosure.