Follow the dollars · Assumption only
A complete cash picture for Dec 17, 2026
Your down payment$49,911Cash toward the purchase price.
Closing costs + prepaids$10,069Not just lender fees.
Before credits & paid funds$59,980The complete starting cash picture.
Estimated remaining funds due at closing
$59,980No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$49,911.00
Your down payment$49,911.00
Closing costs + prepaids$10,068.65
Total buyer cash needed$59,979.65
Remaining funds due$59,979.65
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,900.00
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)$362.50
Prepaid interest, first (15 days)$581.15
Fees + prepaids$10,068.65
Your down payment is the seller’s equity. You take over the $240,089 balance, so the rest of the $290,000 price is paid at closing. A second mortgage can cover part of it. $59,979.65 is due at closing. Uses and sources reconcile at $300,068.65 each. Not a Closing Disclosure.