Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$341Cash toward the purchase price.
Closing costs + prepaids$11,058Not just lender fees.
Before credits & paid funds$11,399The complete starting cash picture.
Estimated remaining funds due at closing
$11,399No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$340.85
Your down payment$340.85
Closing costs + prepaids$11,057.80
Total buyer cash needed$11,398.65
Remaining funds due$11,398.65
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)$687.50
Initial HOA (3 months)$120.00
Prepaid interest, first (24 days)$1,075.30
Fees + prepaids$11,057.80
Your down payment is the seller’s equity. You take over the $294,659 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $11,398.65 is due at closing. Uses and sources reconcile at $306,057.80 each. Not a Closing Disclosure.