Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$41,951Cash toward the purchase price.
Closing costs + prepaids$9,846Not just lender fees.
Before credits & paid funds$51,797The complete starting cash picture.
Estimated remaining funds due at closing
$51,797No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,950.95
Your down payment$41,950.95
Closing costs + prepaids$9,845.65
Total buyer cash needed$51,796.60
Remaining funds due$51,796.60
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)$696.50
Prepaid interest, first (30 days)$524.15
Fees + prepaids$9,845.65
Your down payment is the seller’s equity. You take over the $198,049 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $51,796.60 is due at closing. Uses and sources reconcile at $249,845.65 each. Not a Closing Disclosure.