Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$21,775Cash toward the purchase price.
Closing costs + prepaids$10,065Not just lender fees.
Before credits & paid funds$31,840The complete starting cash picture.
Estimated remaining funds due at closing
$31,840No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$21,774.98
Your down payment$21,774.98
Closing costs + prepaids$10,065.13
Total buyer cash needed$31,840.10
Remaining funds due$31,840.10
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,400.00
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)$300.00
Initial HOA (3 months)$450.00
Prepaid interest, first (17 days)$690.13
Fees + prepaids$10,065.13
Your down payment is the seller’s equity. You take over the $218,225 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $31,840.10 is due at closing. Uses and sources reconcile at $250,065.13 each. Not a Closing Disclosure.