Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$55,328Cash toward the purchase price.
Closing costs + prepaids$10,903Not just lender fees.
Before credits & paid funds$66,231The complete starting cash picture.
Estimated remaining funds due at closing
$66,231No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,328.15
Your down payment$55,328.15
Closing costs + prepaids$10,903.25
Total buyer cash needed$66,231.40
Remaining funds due$66,231.40
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,950.00
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)$1,221.00
Prepaid interest, first (25 days)$507.25
Fees + prepaids$10,903.25
Your down payment is the seller’s equity. You take over the $239,672 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $66,231.40 is due at closing. Uses and sources reconcile at $305,903.25 each. Not a Closing Disclosure.