Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$231,469Cash toward the purchase price.
Closing costs + prepaids$13,240Not just lender fees.
Before credits & paid funds$244,709The complete starting cash picture.
Estimated remaining funds due at closing
$244,709No 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$13,239.97
Total buyer cash needed$244,708.62
Remaining funds due$244,708.62
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)$657.00
Initial HOA (3 months)$414.00
Prepaid interest, first (9 days)$218.97
Fees + prepaids$13,239.97
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. $244,708.62 is due at closing. Uses and sources reconcile at $560,739.97 each. Not a Closing Disclosure.