Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$116,315Cash toward the purchase price.
Closing costs + prepaids$10,625Not just lender fees.
Before credits & paid funds$126,941The complete starting cash picture.
Estimated remaining funds due at closing
$126,941No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$116,315.14
Your down payment$116,315.14
Closing costs + prepaids$10,625.44
Total buyer cash needed$126,940.58
Remaining funds due$126,940.58
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,550.00
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)$426.00
Initial HOA (3 months)$252.00
Prepaid interest, first (9 days)$172.44
Fees + prepaids$10,625.44
Your down payment is the seller’s equity. You take over the $238,685 balance, so the rest of the $355,000 price is paid at closing. A second mortgage can cover part of it. $126,940.58 is due at closing. Uses and sources reconcile at $365,625.44 each. Not a Closing Disclosure.