Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$107,352Cash toward the purchase price.
Closing costs + prepaids$10,553Not just lender fees.
Before credits & paid funds$117,905The complete starting cash picture.
Estimated remaining funds due at closing
$117,905No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$107,352.24
Your down payment$107,352.24
Closing costs + prepaids$10,553.06
Total buyer cash needed$117,905.29
Remaining funds due$117,905.29
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,200.00
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)$652.00
Initial HOA (3 months)$1,152.00
Prepaid interest, first (30 days)$324.06
Fees + prepaids$10,553.06
Your down payment is the seller’s equity. You take over the $112,648 balance, so the rest of the $220,000 price is paid at closing. A second mortgage can cover part of it. $117,905.29 is due at closing. Uses and sources reconcile at $230,553.06 each. Not a Closing Disclosure.