Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$60,605Cash toward the purchase price.
Closing costs + prepaids$10,175Not just lender fees.
Before credits & paid funds$70,781The complete starting cash picture.
Estimated remaining funds due at closing
$70,781No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,605.31
Your down payment$60,605.31
Closing costs + prepaids$10,175.20
Total buyer cash needed$70,780.51
Remaining funds due$70,780.51
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,245.00
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)$933.50
Prepaid interest, first (26 days)$771.70
Fees + prepaids$10,175.20
Your down payment is the seller’s equity. You take over the $163,895 balance, so the rest of the $224,500 price is paid at closing. A second mortgage can cover part of it. $70,780.51 is due at closing. Uses and sources reconcile at $234,675.20 each. Not a Closing Disclosure.