Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$20,300Cash toward the purchase price.
Closing costs + prepaids$11,589Not just lender fees.
Before credits & paid funds$31,889The complete starting cash picture.
Estimated remaining funds due at closing
$31,889No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,300.11
Your down payment$20,300.11
Closing costs + prepaids$11,589.33
Total buyer cash needed$31,889.45
Remaining funds due$31,889.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,949.00
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)$830.00
Initial HOA (3 months)$525.00
Prepaid interest, first (27 days)$1,060.33
Fees + prepaids$11,589.33
Your down payment is the seller’s equity. You take over the $274,600 balance, so the rest of the $294,900 price is paid at closing. A second mortgage can cover part of it. $31,889.45 is due at closing. Uses and sources reconcile at $306,489.33 each. Not a Closing Disclosure.