Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$185,474Cash toward the purchase price.
Closing costs + prepaids$8,924Not just lender fees.
Before credits & paid funds$194,397The complete starting cash picture.
Estimated remaining funds due at closing
$194,397No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$185,473.50
Your down payment$185,473.50
Closing costs + prepaids$8,923.95
Total buyer cash needed$194,397.45
Remaining funds due$194,397.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,400.00
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)$284.25
Prepaid interest, first (2 days)$14.70
Fees + prepaids$8,923.95
Your down payment is the seller’s equity. You take over the $54,526 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $194,397.45 is due at closing. Uses and sources reconcile at $248,923.95 each. Not a Closing Disclosure.