Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$117,779Cash toward the purchase price.
Closing costs + prepaids$12,178Not just lender fees.
Before credits & paid funds$129,957The complete starting cash picture.
Estimated remaining funds due at closing
$129,957No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$117,778.73
Your down payment$117,778.73
Closing costs + prepaids$12,178.38
Total buyer cash needed$129,957.11
Remaining funds due$129,957.11
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,600.00
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)$1,029.00
Initial HOA (3 months)$246.00
Prepaid interest, first (25 days)$1,078.38
Fees + prepaids$12,178.38
Your down payment is the seller’s equity. You take over the $242,221 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $129,957.11 is due at closing. Uses and sources reconcile at $372,178.38 each. Not a Closing Disclosure.