Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$56,004Cash toward the purchase price.
Closing costs + prepaids$10,382Not just lender fees.
Before credits & paid funds$66,386The complete starting cash picture.
Estimated remaining funds due at closing
$66,386No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,004.03
Your down payment$56,004.03
Closing costs + prepaids$10,381.63
Total buyer cash needed$66,385.66
Remaining funds due$66,385.66
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,750.00
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)$186.25
Prepaid interest, first (30 days)$1,220.38
Fees + prepaids$10,381.63
Your down payment is the seller’s equity. You take over the $218,996 balance, so the rest of the $275,000 price is paid at closing. A second mortgage can cover part of it. $66,385.66 is due at closing. Uses and sources reconcile at $285,381.63 each. Not a Closing Disclosure.