Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$118,150Cash toward the purchase price.
Closing costs + prepaids$9,075Not just lender fees.
Before credits & paid funds$127,225The complete starting cash picture.
Estimated remaining funds due at closing
$127,225No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,150.29
Your down payment$118,150.29
Closing costs + prepaids$9,074.81
Total buyer cash needed$127,225.10
Remaining funds due$127,225.10
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,450.00
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)$378.75
Prepaid interest, first (2 days)$21.06
Fees + prepaids$9,074.81
Your down payment is the seller’s equity. You take over the $126,850 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $127,225.10 is due at closing. Uses and sources reconcile at $254,074.81 each. Not a Closing Disclosure.