Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$120,026Cash toward the purchase price.
Closing costs + prepaids$11,398Not just lender fees.
Before credits & paid funds$131,423The complete starting cash picture.
Estimated remaining funds due at closing
$131,423No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,025.91
Your down payment$120,025.91
Closing costs + prepaids$11,397.58
Total buyer cash needed$131,423.49
Remaining funds due$131,423.49
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,495.00
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)$985.50
Initial HOA (3 months)$210.00
Prepaid interest, first (27 days)$482.08
Fees + prepaids$11,397.58
Your down payment is the seller’s equity. You take over the $229,474 balance, so the rest of the $349,500 price is paid at closing. A second mortgage can cover part of it. $131,423.49 is due at closing. Uses and sources reconcile at $360,897.58 each. Not a Closing Disclosure.