Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$28,488Cash toward the purchase price.
Closing costs + prepaids$10,122Not just lender fees.
Before credits & paid funds$38,610The complete starting cash picture.
Estimated remaining funds due at closing
$38,610No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,487.96
Your down payment$28,487.96
Closing costs + prepaids$10,122.38
Total buyer cash needed$38,610.34
Remaining funds due$38,610.34
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,249.00
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)$562.25
Prepaid interest, first (29 days)$1,086.13
Fees + prepaids$10,122.38
Your down payment is the seller’s equity. You take over the $196,412 balance, so the rest of the $224,900 price is paid at closing. A second mortgage can cover part of it. $38,610.34 is due at closing. Uses and sources reconcile at $235,022.38 each. Not a Closing Disclosure.