Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$29,416Cash toward the purchase price.
Closing costs + prepaids$10,459Not just lender fees.
Before credits & paid funds$39,875The complete starting cash picture.
Estimated remaining funds due at closing
$39,875No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$29,416.46
Your down payment$29,416.46
Closing costs + prepaids$10,458.83
Total buyer cash needed$39,875.29
Remaining funds due$39,875.29
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,950.00
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)$354.00
Initial HOA (3 months)$717.00
Prepaid interest, first (9 days)$212.83
Fees + prepaids$10,458.83
Your down payment is the seller’s equity. You take over the $265,584 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $39,875.29 is due at closing. Uses and sources reconcile at $305,458.83 each. Not a Closing Disclosure.