Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$47,368Cash toward the purchase price.
Closing costs + prepaids$10,964Not just lender fees.
Before credits & paid funds$58,331The complete starting cash picture.
Estimated remaining funds due at closing
$58,331No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$47,367.54
Your down payment$47,367.54
Closing costs + prepaids$10,963.59
Total buyer cash needed$58,331.13
Remaining funds due$58,331.13
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,950.00
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)$1,292.75
Initial HOA (3 months)$48.00
Prepaid interest, first (23 days)$447.84
Fees + prepaids$10,963.59
Your down payment is the seller’s equity. You take over the $247,632 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $58,331.13 is due at closing. Uses and sources reconcile at $305,963.59 each. Not a Closing Disclosure.