Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$119,126Cash toward the purchase price.
Closing costs + prepaids$11,578Not just lender fees.
Before credits & paid funds$130,704The complete starting cash picture.
Estimated remaining funds due at closing
$130,704No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,126.23
Your down payment$119,126.23
Closing costs + prepaids$11,578.14
Total buyer cash needed$130,704.37
Remaining funds due$130,704.37
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,400.00
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)$1,258.75
Prepaid interest, first (25 days)$694.39
Fees + prepaids$11,578.14
Your down payment is the seller’s equity. You take over the $220,874 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $130,704.37 is due at closing. Uses and sources reconcile at $351,578.14 each. Not a Closing Disclosure.