Follow the dollars · Assumption only
A complete cash picture for Dec 11, 2026
Your down payment$294,997Cash toward the purchase price.
Closing costs + prepaids$10,975Not just lender fees.
Before credits & paid funds$305,972The complete starting cash picture.
Estimated remaining funds due at closing
$305,972No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$294,996.76
Your down payment$294,996.76
Closing costs + prepaids$10,975.03
Total buyer cash needed$305,971.79
Remaining funds due$305,971.79
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,800.00
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)$462.50
Initial HOA (3 months)$243.00
Prepaid interest, first (21 days)$244.53
Fees + prepaids$10,975.03
Your down payment is the seller’s equity. You take over the $85,003 balance, so the rest of the $380,000 price is paid at closing. A second mortgage can cover part of it. $305,971.79 is due at closing. Uses and sources reconcile at $390,975.03 each. Not a Closing Disclosure.