Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$55,360Cash toward the purchase price.
Closing costs + prepaids$10,635Not just lender fees.
Before credits & paid funds$65,994The complete starting cash picture.
Estimated remaining funds due at closing
$65,994No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,359.50
Your down payment$55,359.50
Closing costs + prepaids$10,634.68
Total buyer cash needed$65,994.19
Remaining funds due$65,994.19
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,998.90
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)$374.75
Initial HOA (3 months)$675.00
Prepaid interest, first (17 days)$361.03
Fees + prepaids$10,634.68
Your down payment is the seller’s equity. You take over the $244,530 balance, so the rest of the $299,890 price is paid at closing. A second mortgage can cover part of it. $65,994.19 is due at closing. Uses and sources reconcile at $310,524.68 each. Not a Closing Disclosure.