Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$42,293Cash toward the purchase price.
Closing costs + prepaids$10,856Not just lender fees.
Before credits & paid funds$53,149The complete starting cash picture.
Estimated remaining funds due at closing
$53,149No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,293.37
Your down payment$42,293.37
Closing costs + prepaids$10,855.69
Total buyer cash needed$53,149.06
Remaining funds due$53,149.06
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,975.00
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)$372.00
Initial HOA (3 months)$498.00
Prepaid interest, first (17 days)$785.69
Fees + prepaids$10,855.69
Your down payment is the seller’s equity. You take over the $255,207 balance, so the rest of the $297,500 price is paid at closing. A second mortgage can cover part of it. $53,149.06 is due at closing. Uses and sources reconcile at $308,355.69 each. Not a Closing Disclosure.