Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$56,583Cash toward the purchase price.
Closing costs + prepaids$12,088Not just lender fees.
Before credits & paid funds$68,671The complete starting cash picture.
Estimated remaining funds due at closing
$68,671No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,582.71
Your down payment$56,582.71
Closing costs + prepaids$12,088.33
Total buyer cash needed$68,671.04
Remaining funds due$68,671.04
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,500.00
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)$1,147.50
Initial HOA (3 months)$467.01
Prepaid interest, first (27 days)$748.82
Fees + prepaids$12,088.33
Your down payment is the seller’s equity. You take over the $293,417 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $68,671.04 is due at closing. Uses and sources reconcile at $362,088.33 each. Not a Closing Disclosure.