Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$43,443Cash toward the purchase price.
Closing costs + prepaids$10,383Not just lender fees.
Before credits & paid funds$53,825The complete starting cash picture.
Estimated remaining funds due at closing
$53,825No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$43,442.52
Your down payment$43,442.52
Closing costs + prepaids$10,382.51
Total buyer cash needed$53,825.02
Remaining funds due$53,825.02
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,400.00
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)$721.50
Initial HOA (3 months)$420.00
Prepaid interest, first (31 days)$616.01
Fees + prepaids$10,382.51
Your down payment is the seller’s equity. You take over the $196,557 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $53,825.02 is due at closing. Uses and sources reconcile at $250,382.51 each. Not a Closing Disclosure.