Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$350,000Cash toward the purchase price.
Closing costs + prepaids$8,854Not just lender fees.
Before credits & paid funds$358,854The complete starting cash picture.
Estimated remaining funds due at closing
$358,854No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$350,000.00
Your down payment$350,000.00
Closing costs + prepaids$8,854.25
Total buyer cash needed$358,854.25
Remaining funds due$358,854.25
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$763.00
Credit report$200.00
Tax service$80.00
UMe assumption specialist (1%)$3,500.00
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)$136.25
Fees + prepaids$8,854.25
Your down payment is the seller’s equity. You take over the $0 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $358,854.25 is due at closing. Uses and sources reconcile at $358,854.25 each. Not a Closing Disclosure.