Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$12,912Cash toward the purchase price.
Closing costs + prepaids$10,355Not just lender fees.
Before credits & paid funds$23,267The complete starting cash picture.
Estimated remaining funds due at closing
$23,267No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$12,911.56
Your down payment$12,911.56
Closing costs + prepaids$10,355.48
Total buyer cash needed$23,267.04
Remaining funds due$23,267.04
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,450.00
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)$627.50
Prepaid interest, first (24 days)$1,052.98
Fees + prepaids$10,355.48
Your down payment is the seller’s equity. You take over the $232,088 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $23,267.04 is due at closing. Uses and sources reconcile at $255,355.48 each. Not a Closing Disclosure.