Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$40,390Cash toward the purchase price.
Closing costs + prepaids$11,065Not just lender fees.
Before credits & paid funds$51,455The complete starting cash picture.
Estimated remaining funds due at closing
$51,455No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,390.44
Your down payment$40,390.44
Closing costs + prepaids$11,064.70
Total buyer cash needed$51,455.14
Remaining funds due$51,455.14
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,730.00
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)$987.00
Initial HOA (3 months)$75.00
Prepaid interest, first (24 days)$1,047.70
Fees + prepaids$11,064.70
Your down payment is the seller’s equity. You take over the $232,610 balance, so the rest of the $273,000 price is paid at closing. A second mortgage can cover part of it. $51,455.14 is due at closing. Uses and sources reconcile at $284,064.70 each. Not a Closing Disclosure.