Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$31,152Cash toward the purchase price.
Closing costs + prepaids$10,840Not just lender fees.
Before credits & paid funds$41,992The complete starting cash picture.
Estimated remaining funds due at closing
$41,992No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$31,151.96
Your down payment$31,151.96
Closing costs + prepaids$10,840.46
Total buyer cash needed$41,992.42
Remaining funds due$41,992.42
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)$204.25
Initial HOA (3 months)$615.00
Prepaid interest, first (30 days)$1,046.21
Fees + prepaids$10,840.46
Your down payment is the seller’s equity. You take over the $243,848 balance, so the rest of the $275,000 price is paid at closing. A second mortgage can cover part of it. $41,992.42 is due at closing. Uses and sources reconcile at $285,840.46 each. Not a Closing Disclosure.