Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$109,109Cash toward the purchase price.
Closing costs + prepaids$12,977Not just lender fees.
Before credits & paid funds$122,085The complete starting cash picture.
Estimated remaining funds due at closing
$122,085No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$109,108.67
Your down payment$109,108.67
Closing costs + prepaids$12,976.60
Total buyer cash needed$122,085.27
Remaining funds due$122,085.27
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,500.00
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)$1,177.00
Prepaid interest, first (22 days)$1,074.60
Fees + prepaids$12,976.60
Your down payment is the seller’s equity. You take over the $340,891 balance, so the rest of the $450,000 price is paid at closing. A second mortgage can cover part of it. $122,085.27 is due at closing. Uses and sources reconcile at $462,976.60 each. Not a Closing Disclosure.