Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$188,143Cash toward the purchase price.
Closing costs + prepaids$10,730Not just lender fees.
Before credits & paid funds$198,873The complete starting cash picture.
Estimated remaining funds due at closing
$198,873No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$188,143.36
Your down payment$188,143.36
Closing costs + prepaids$10,729.54
Total buyer cash needed$198,872.90
Remaining funds due$198,872.90
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,400.00
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)$1,329.75
Initial HOA (3 months)$561.00
Prepaid interest, first (22 days)$213.79
Fees + prepaids$10,729.54
Your down payment is the seller’s equity. You take over the $51,857 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $198,872.90 is due at closing. Uses and sources reconcile at $250,729.54 each. Not a Closing Disclosure.