Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$20,051Cash toward the purchase price.
Closing costs + prepaids$10,851Not just lender fees.
Before credits & paid funds$30,901The complete starting cash picture.
Estimated remaining funds due at closing
$30,901No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,050.72
Your down payment$20,050.72
Closing costs + prepaids$10,850.55
Total buyer cash needed$30,901.27
Remaining funds due$30,901.27
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)$405.00
Prepaid interest, first (17 days)$873.55
Fees + prepaids$10,850.55
Your down payment is the seller’s equity. You take over the $277,449 balance, so the rest of the $297,500 price is paid at closing. A second mortgage can cover part of it. $30,901.27 is due at closing. Uses and sources reconcile at $308,350.55 each. Not a Closing Disclosure.