Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$70,429Cash toward the purchase price.
Closing costs + prepaids$10,238Not just lender fees.
Before credits & paid funds$80,667The complete starting cash picture.
Estimated remaining funds due at closing
$80,667No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$70,429.29
Your down payment$70,429.29
Closing costs + prepaids$10,237.54
Total buyer cash needed$80,666.83
Remaining funds due$80,666.83
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,400.00
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)$246.50
Initial HOA (3 months)$960.00
Prepaid interest, first (23 days)$406.04
Fees + prepaids$10,237.54
Your down payment is the seller’s equity. You take over the $169,571 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $80,666.83 is due at closing. Uses and sources reconcile at $250,237.54 each. Not a Closing Disclosure.