Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$138,100Cash toward the purchase price.
Closing costs + prepaids$10,847Not just lender fees.
Before credits & paid funds$148,947The complete starting cash picture.
Estimated remaining funds due at closing
$148,947No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$138,100.15
Your down payment$138,100.15
Closing costs + prepaids$10,846.55
Total buyer cash needed$148,946.70
Remaining funds due$148,946.70
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,050.00
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)$289.50
Initial HOA (3 months)$876.00
Prepaid interest, first (24 days)$406.05
Fees + prepaids$10,846.55
Your down payment is the seller’s equity. You take over the $166,900 balance, so the rest of the $305,000 price is paid at closing. A second mortgage can cover part of it. $148,946.70 is due at closing. Uses and sources reconcile at $315,846.55 each. Not a Closing Disclosure.