Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$47,641Cash toward the purchase price.
Closing costs + prepaids$12,338Not just lender fees.
Before credits & paid funds$59,979The complete starting cash picture.
Estimated remaining funds due at closing
$59,979No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$47,641.03
Your down payment$47,641.03
Closing costs + prepaids$12,338.03
Total buyer cash needed$59,979.06
Remaining funds due$59,979.06
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,500.00
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)$1,112.25
Prepaid interest, first (27 days)$1,500.78
Fees + prepaids$12,338.03
Your down payment is the seller’s equity. You take over the $302,359 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $59,979.06 is due at closing. Uses and sources reconcile at $362,338.03 each. Not a Closing Disclosure.