Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$20,632Cash toward the purchase price.
Closing costs + prepaids$9,710Not just lender fees.
Before credits & paid funds$30,343The complete starting cash picture.
Estimated remaining funds due at closing
$30,343No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,632.48
Your down payment$20,632.48
Closing costs + prepaids$9,710.25
Total buyer cash needed$30,342.73
Remaining funds due$30,342.73
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,450.00
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)$174.25
Initial HOA (3 months)$801.00
Prepaid interest, first (2 days)$60.00
Fees + prepaids$9,710.25
Your down payment is the seller’s equity. You take over the $224,368 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $30,342.73 is due at closing. Uses and sources reconcile at $254,710.25 each. Not a Closing Disclosure.