Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$60,322Cash toward the purchase price.
Closing costs + prepaids$10,624Not just lender fees.
Before credits & paid funds$70,946The complete starting cash picture.
Estimated remaining funds due at closing
$70,946No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,321.89
Your down payment$60,321.89
Closing costs + prepaids$10,624.29
Total buyer cash needed$70,946.18
Remaining funds due$70,946.18
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,950.00
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)$1,033.75
Prepaid interest, first (23 days)$415.54
Fees + prepaids$10,624.29
Your down payment is the seller’s equity. You take over the $234,678 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $70,946.18 is due at closing. Uses and sources reconcile at $305,624.29 each. Not a Closing Disclosure.