Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$223,695Cash toward the purchase price.
Closing costs + prepaids$10,801Not just lender fees.
Before credits & paid funds$234,496The complete starting cash picture.
Estimated remaining funds due at closing
$234,496No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$223,694.97
Your down payment$223,694.97
Closing costs + prepaids$10,801.07
Total buyer cash needed$234,496.04
Remaining funds due$234,496.04
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,400.00
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)$1,115.50
Initial HOA (3 months)$37.50
Prepaid interest, first (2 days)$23.07
Fees + prepaids$10,801.07
Your down payment is the seller’s equity. You take over the $116,305 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $234,496.04 is due at closing. Uses and sources reconcile at $350,801.07 each. Not a Closing Disclosure.