Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$40,116Cash toward the purchase price.
Closing costs + prepaids$11,124Not just lender fees.
Before credits & paid funds$51,240The complete starting cash picture.
Estimated remaining funds due at closing
$51,240No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,116.50
Your down payment$40,116.50
Closing costs + prepaids$11,123.53
Total buyer cash needed$51,240.03
Remaining funds due$51,240.03
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)$1,436.75
Prepaid interest, first (2 days)$61.78
Fees + prepaids$11,123.53
Your down payment is the seller’s equity. You take over the $299,884 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $51,240.03 is due at closing. Uses and sources reconcile at $351,123.53 each. Not a Closing Disclosure.