Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$30,109Cash toward the purchase price.
Closing costs + prepaids$10,045Not just lender fees.
Before credits & paid funds$40,154The complete starting cash picture.
Estimated remaining funds due at closing
$40,154No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$30,109.46
Your down payment$30,109.46
Closing costs + prepaids$10,044.74
Total buyer cash needed$40,154.20
Remaining funds due$40,154.20
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,950.00
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)$425.75
Initial HOA (3 months)$345.00
Prepaid interest, first (2 days)$98.99
Fees + prepaids$10,044.74
Your down payment is the seller’s equity. You take over the $264,891 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $40,154.20 is due at closing. Uses and sources reconcile at $305,044.74 each. Not a Closing Disclosure.