Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$60,865Cash toward the purchase price.
Closing costs + prepaids$11,125Not just lender fees.
Before credits & paid funds$71,990The complete starting cash picture.
Estimated remaining funds due at closing
$71,990No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,864.61
Your down payment$60,864.61
Closing costs + prepaids$11,125.32
Total buyer cash needed$71,989.93
Remaining funds due$71,989.93
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)$1,269.75
Prepaid interest, first (31 days)$580.57
Fees + prepaids$11,125.32
Your down payment is the seller’s equity. You take over the $244,135 balance, so the rest of the $305,000 price is paid at closing. A second mortgage can cover part of it. $71,989.93 is due at closing. Uses and sources reconcile at $316,125.32 each. Not a Closing Disclosure.