Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$111,970Cash toward the purchase price.
Closing costs + prepaids$8,939Not just lender fees.
Before credits & paid funds$120,908The complete starting cash picture.
Estimated remaining funds due at closing
$120,908No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$111,969.55
Your down payment$111,969.55
Closing costs + prepaids$8,938.90
Total buyer cash needed$120,908.45
Remaining funds due$120,908.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,200.00
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)$490.75
Prepaid interest, first (2 days)$23.15
Fees + prepaids$8,938.90
Your down payment is the seller’s equity. You take over the $108,030 balance, so the rest of the $220,000 price is paid at closing. A second mortgage can cover part of it. $120,908.45 is due at closing. Uses and sources reconcile at $228,938.90 each. Not a Closing Disclosure.