Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$40,272Cash toward the purchase price.
Closing costs + prepaids$12,232Not just lender fees.
Before credits & paid funds$52,504The complete starting cash picture.
Estimated remaining funds due at closing
$52,504No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,272.04
Your down payment$40,272.04
Closing costs + prepaids$12,232.32
Total buyer cash needed$52,504.36
Remaining funds due$52,504.36
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,490.00
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)$922.75
Initial HOA (3 months)$270.00
Prepaid interest, first (30 days)$1,324.57
Fees + prepaids$12,232.32
Your down payment is the seller’s equity. You take over the $308,728 balance, so the rest of the $349,000 price is paid at closing. A second mortgage can cover part of it. $52,504.36 is due at closing. Uses and sources reconcile at $361,232.32 each. Not a Closing Disclosure.