Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$37,971Cash toward the purchase price.
Closing costs + prepaids$11,298Not just lender fees.
Before credits & paid funds$49,269The complete starting cash picture.
Estimated remaining funds due at closing
$49,269No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$37,971.08
Your down payment$37,971.08
Closing costs + prepaids$11,298.20
Total buyer cash needed$49,269.28
Remaining funds due$49,269.28
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,480.00
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)$417.50
Initial HOA (3 months)$795.00
Prepaid interest, first (9 days)$380.70
Fees + prepaids$11,298.20
Your down payment is the seller’s equity. You take over the $310,029 balance, so the rest of the $348,000 price is paid at closing. A second mortgage can cover part of it. $49,269.28 is due at closing. Uses and sources reconcile at $359,298.20 each. Not a Closing Disclosure.