Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$301,156Cash toward the purchase price.
Closing costs + prepaids$10,139Not just lender fees.
Before credits & paid funds$311,296The complete starting cash picture.
Estimated remaining funds due at closing
$311,296No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$301,156.05
Your down payment$301,156.05
Closing costs + prepaids$10,139.50
Total buyer cash needed$311,295.55
Remaining funds due$311,295.55
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)$234.75
Initial HOA (3 months)$60.00
Prepaid interest, first (20 days)$144.75
Fees + prepaids$10,139.50
Your down payment is the seller’s equity. You take over the $46,344 balance, so the rest of the $347,500 price is paid at closing. A second mortgage can cover part of it. $311,295.55 is due at closing. Uses and sources reconcile at $357,639.50 each. Not a Closing Disclosure.