Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$109,325Cash toward the purchase price.
Closing costs + prepaids$10,673Not just lender fees.
Before credits & paid funds$119,998The complete starting cash picture.
Estimated remaining funds due at closing
$119,998No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$109,324.95
Your down payment$109,324.95
Closing costs + prepaids$10,672.70
Total buyer cash needed$119,997.65
Remaining funds due$119,997.65
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,475.00
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)$434.50
Initial HOA (3 months)$159.99
Prepaid interest, first (18 days)$378.21
Fees + prepaids$10,672.70
Your down payment is the seller’s equity. You take over the $238,175 balance, so the rest of the $347,500 price is paid at closing. A second mortgage can cover part of it. $119,997.65 is due at closing. Uses and sources reconcile at $358,172.70 each. Not a Closing Disclosure.