Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$41,062Cash toward the purchase price.
Closing costs + prepaids$12,041Not just lender fees.
Before credits & paid funds$53,102The complete starting cash picture.
Estimated remaining funds due at closing
$53,102No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,061.62
Your down payment$41,061.62
Closing costs + prepaids$12,040.82
Total buyer cash needed$53,102.44
Remaining funds due$53,102.44
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,450.00
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)$598.25
Initial HOA (3 months)$1,200.00
Prepaid interest, first (24 days)$567.57
Fees + prepaids$12,040.82
Your down payment is the seller’s equity. You take over the $303,938 balance, so the rest of the $345,000 price is paid at closing. A second mortgage can cover part of it. $53,102.44 is due at closing. Uses and sources reconcile at $357,040.82 each. Not a Closing Disclosure.