Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$60,594Cash toward the purchase price.
Closing costs + prepaids$9,435Not just lender fees.
Before credits & paid funds$70,029The complete starting cash picture.
Estimated remaining funds due at closing
$70,029No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,593.59
Your down payment$60,593.59
Closing costs + prepaids$9,435.18
Total buyer cash needed$70,028.76
Remaining funds due$70,028.76
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,450.00
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)$78.50
Initial HOA (3 months)$210.00
Prepaid interest, first (24 days)$471.68
Fees + prepaids$9,435.18
Your down payment is the seller’s equity. You take over the $184,406 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $70,028.76 is due at closing. Uses and sources reconcile at $254,435.18 each. Not a Closing Disclosure.