Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$41,077Cash toward the purchase price.
Closing costs + prepaids$12,911Not just lender fees.
Before credits & paid funds$53,987The complete starting cash picture.
Estimated remaining funds due at closing
$53,987No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,076.66
Your down payment$41,076.66
Closing costs + prepaids$12,910.75
Total buyer cash needed$53,987.41
Remaining funds due$53,987.41
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,050.00
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)$2,085.75
Initial HOA (3 months)$93.00
Prepaid interest, first (31 days)$1,457.00
Fees + prepaids$12,910.75
Your down payment is the seller’s equity. You take over the $263,923 balance, so the rest of the $305,000 price is paid at closing. A second mortgage can cover part of it. $53,987.41 is due at closing. Uses and sources reconcile at $317,910.75 each. Not a Closing Disclosure.