Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$283,842Cash toward the purchase price.
Closing costs + prepaids$10,408Not just lender fees.
Before credits & paid funds$294,250The complete starting cash picture.
Estimated remaining funds due at closing
$294,250No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$283,841.98
Your down payment$283,841.98
Closing costs + prepaids$10,408.36
Total buyer cash needed$294,250.34
Remaining funds due$294,250.34
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,400.00
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)$601.50
Prepaid interest, first (30 days)$181.86
Fees + prepaids$10,408.36
Your down payment is the seller’s equity. You take over the $56,158 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $294,250.34 is due at closing. Uses and sources reconcile at $350,408.36 each. Not a Closing Disclosure.