Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$42,193Cash toward the purchase price.
Closing costs + prepaids$12,550Not just lender fees.
Before credits & paid funds$54,744The complete starting cash picture.
Estimated remaining funds due at closing
$54,744No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,193.30
Your down payment$42,193.30
Closing costs + prepaids$12,550.24
Total buyer cash needed$54,743.54
Remaining funds due$54,743.54
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,499.00
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)$1,853.00
Initial HOA (3 months)$54.00
Prepaid interest, first (29 days)$919.24
Fees + prepaids$12,550.24
Your down payment is the seller’s equity. You take over the $307,707 balance, so the rest of the $349,900 price is paid at closing. A second mortgage can cover part of it. $54,743.54 is due at closing. Uses and sources reconcile at $362,450.24 each. Not a Closing Disclosure.