Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$48,671Cash toward the purchase price.
Closing costs + prepaids$11,462Not just lender fees.
Before credits & paid funds$60,133The complete starting cash picture.
Estimated remaining funds due at closing
$60,133No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$48,671.11
Your down payment$48,671.11
Closing costs + prepaids$11,461.67
Total buyer cash needed$60,132.78
Remaining funds due$60,132.78
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,095.00
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)$899.00
Initial HOA (3 months)$24.99
Prepaid interest, first (24 days)$1,217.68
Fees + prepaids$11,461.67
Your down payment is the seller’s equity. You take over the $260,829 balance, so the rest of the $309,500 price is paid at closing. A second mortgage can cover part of it. $60,132.78 is due at closing. Uses and sources reconcile at $320,961.67 each. Not a Closing Disclosure.