Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$40,486Cash toward the purchase price.
Closing costs + prepaids$10,468Not just lender fees.
Before credits & paid funds$50,955The complete starting cash picture.
Estimated remaining funds due at closing
$50,955No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,486.50
Your down payment$40,486.50
Closing costs + prepaids$10,468.47
Total buyer cash needed$50,954.97
Remaining funds due$50,954.97
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,089.00
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)$385.00
Initial HOA (3 months)$240.00
Prepaid interest, first (25 days)$529.47
Fees + prepaids$10,468.47
Your down payment is the seller’s equity. You take over the $268,414 balance, so the rest of the $308,900 price is paid at closing. A second mortgage can cover part of it. $50,954.97 is due at closing. Uses and sources reconcile at $319,368.47 each. Not a Closing Disclosure.