Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$38,720Cash toward the purchase price.
Closing costs + prepaids$12,920Not just lender fees.
Before credits & paid funds$51,641The complete starting cash picture.
Estimated remaining funds due at closing
$51,641No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$38,720.40
Your down payment$38,720.40
Closing costs + prepaids$12,920.42
Total buyer cash needed$51,640.82
Remaining funds due$51,640.82
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,480.00
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)$1,881.00
Initial HOA (3 months)$49.26
Prepaid interest, first (29 days)$1,285.16
Fees + prepaids$12,920.42
Your down payment is the seller’s equity. You take over the $309,280 balance, so the rest of the $348,000 price is paid at closing. A second mortgage can cover part of it. $51,640.82 is due at closing. Uses and sources reconcile at $360,920.42 each. Not a Closing Disclosure.