Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$56,366Cash toward the purchase price.
Closing costs + prepaids$10,576Not just lender fees.
Before credits & paid funds$66,942The complete starting cash picture.
Estimated remaining funds due at closing
$66,942No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,365.71
Your down payment$56,365.71
Closing costs + prepaids$10,575.82
Total buyer cash needed$66,941.54
Remaining funds due$66,941.54
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,850.00
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)$767.50
Prepaid interest, first (23 days)$733.32
Fees + prepaids$10,575.82
Your down payment is the seller’s equity. You take over the $228,634 balance, so the rest of the $285,000 price is paid at closing. A second mortgage can cover part of it. $66,941.54 is due at closing. Uses and sources reconcile at $295,575.82 each. Not a Closing Disclosure.