Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$105,740Cash toward the purchase price.
Closing costs + prepaids$10,511Not just lender fees.
Before credits & paid funds$116,251The complete starting cash picture.
Estimated remaining funds due at closing
$116,251No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$105,740.00
Your down payment$105,740.00
Closing costs + prepaids$10,511.14
Total buyer cash needed$116,251.14
Remaining funds due$116,251.14
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)$453.50
Initial HOA (3 months)$1,074.00
Prepaid interest, first (25 days)$358.64
Fees + prepaids$10,511.14
Your down payment is the seller’s equity. You take over the $134,260 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $116,251.14 is due at closing. Uses and sources reconcile at $250,511.14 each. Not a Closing Disclosure.