Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$110,000Cash toward the purchase price.
Closing costs + prepaids$8,227Not just lender fees.
Before credits & paid funds$118,227The complete starting cash picture.
Estimated remaining funds due at closing
$118,227No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$110,000.00
Your down payment$110,000.00
Closing costs + prepaids$8,227.00
Total buyer cash needed$118,227.00
Remaining funds due$118,227.00
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$1,100.00
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)$92.00
Initial HOA (3 months)$810.00
Fees + prepaids$8,227.00
Your down payment is the seller’s equity. You take over the $0 balance, so the rest of the $110,000 price is paid at closing. A second mortgage can cover part of it. $118,227.00 is due at closing. Uses and sources reconcile at $118,227.00 each. Not a Closing Disclosure.