Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$40,128Cash toward the purchase price.
Closing costs + prepaids$12,095Not just lender fees.
Before credits & paid funds$52,223The complete starting cash picture.
Estimated remaining funds due at closing
$52,223No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,127.57
Your down payment$40,127.57
Closing costs + prepaids$12,095.31
Total buyer cash needed$52,222.88
Remaining funds due$52,222.88
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,850.00
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)$2,027.00
Prepaid interest, first (22 days)$993.31
Fees + prepaids$12,095.31
Your down payment is the seller’s equity. You take over the $244,872 balance, so the rest of the $285,000 price is paid at closing. A second mortgage can cover part of it. $52,222.88 is due at closing. Uses and sources reconcile at $297,095.31 each. Not a Closing Disclosure.