Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$29,288Cash toward the purchase price.
Closing costs + prepaids$10,783Not just lender fees.
Before credits & paid funds$40,071The complete starting cash picture.
Estimated remaining funds due at closing
$40,071No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$29,287.80
Your down payment$29,287.80
Closing costs + prepaids$10,782.73
Total buyer cash needed$40,070.54
Remaining funds due$40,070.54
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)$802.75
Initial HOA (3 months)$50.01
Prepaid interest, first (31 days)$1,254.97
Fees + prepaids$10,782.73
Your down payment is the seller’s equity. You take over the $215,712 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $40,070.54 is due at closing. Uses and sources reconcile at $255,782.73 each. Not a Closing Disclosure.