Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$120,349Cash toward the purchase price.
Closing costs + prepaids$11,569Not just lender fees.
Before credits & paid funds$131,919The complete starting cash picture.
Estimated remaining funds due at closing
$131,919No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,349.20
Your down payment$120,349.20
Closing costs + prepaids$11,569.47
Total buyer cash needed$131,918.68
Remaining funds due$131,918.68
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,200.00
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)$859.25
Initial HOA (3 months)$810.00
Prepaid interest, first (24 days)$475.22
Fees + prepaids$11,569.47
Your down payment is the seller’s equity. You take over the $199,651 balance, so the rest of the $320,000 price is paid at closing. A second mortgage can cover part of it. $131,918.68 is due at closing. Uses and sources reconcile at $331,569.47 each. Not a Closing Disclosure.