Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$35,607Cash toward the purchase price.
Closing costs + prepaids$12,409Not just lender fees.
Before credits & paid funds$48,015The complete starting cash picture.
Estimated remaining funds due at closing
$48,015No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$35,606.65
Your down payment$35,606.65
Closing costs + prepaids$12,408.70
Total buyer cash needed$48,015.35
Remaining funds due$48,015.35
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,400.00
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)$1,127.25
Initial HOA (3 months)$270.00
Prepaid interest, first (25 days)$1,386.45
Fees + prepaids$12,408.70
Your down payment is the seller’s equity. You take over the $304,393 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $48,015.35 is due at closing. Uses and sources reconcile at $352,408.70 each. Not a Closing Disclosure.