Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$40,147Cash toward the purchase price.
Closing costs + prepaids$11,480Not just lender fees.
Before credits & paid funds$51,627The complete starting cash picture.
Estimated remaining funds due at closing
$51,627No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,147.23
Your down payment$40,147.23
Closing costs + prepaids$11,480.11
Total buyer cash needed$51,627.34
Remaining funds due$51,627.34
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,949.00
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)$825.75
Prepaid interest, first (30 days)$1,480.36
Fees + prepaids$11,480.11
Your down payment is the seller’s equity. You take over the $254,753 balance, so the rest of the $294,900 price is paid at closing. A second mortgage can cover part of it. $51,627.34 is due at closing. Uses and sources reconcile at $306,380.11 each. Not a Closing Disclosure.