Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$53,509Cash toward the purchase price.
Closing costs + prepaids$11,881Not just lender fees.
Before credits & paid funds$65,390The complete starting cash picture.
Estimated remaining funds due at closing
$65,390No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,508.61
Your down payment$53,508.61
Closing costs + prepaids$11,881.23
Total buyer cash needed$65,389.84
Remaining funds due$65,389.84
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)$325.75
Initial HOA (3 months)$35.01
Prepaid interest, first (31 days)$1,895.47
Fees + prepaids$11,881.23
Your down payment is the seller’s equity. You take over the $286,491 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $65,389.84 is due at closing. Uses and sources reconcile at $351,881.23 each. Not a Closing Disclosure.