Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$50,005Cash toward the purchase price.
Closing costs + prepaids$10,603Not just lender fees.
Before credits & paid funds$60,608The complete starting cash picture.
Estimated remaining funds due at closing
$60,608No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,004.83
Your down payment$50,004.83
Closing costs + prepaids$10,603.43
Total buyer cash needed$60,608.26
Remaining funds due$60,608.26
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,275.00
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)$1,166.25
Initial HOA (3 months)$500.01
Prepaid interest, first (31 days)$437.17
Fees + prepaids$10,603.43
Your down payment is the seller’s equity. You take over the $177,495 balance, so the rest of the $227,500 price is paid at closing. A second mortgage can cover part of it. $60,608.26 is due at closing. Uses and sources reconcile at $238,103.43 each. Not a Closing Disclosure.