Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$45,170Cash toward the purchase price.
Closing costs + prepaids$10,744Not just lender fees.
Before credits & paid funds$55,915The complete starting cash picture.
Estimated remaining funds due at closing
$55,915No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$45,170.36
Your down payment$45,170.36
Closing costs + prepaids$10,744.37
Total buyer cash needed$55,914.73
Remaining funds due$55,914.73
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,940.00
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)$174.00
Initial HOA (3 months)$435.00
Prepaid interest, first (22 days)$970.37
Fees + prepaids$10,744.37
Your down payment is the seller’s equity. You take over the $248,830 balance, so the rest of the $294,000 price is paid at closing. A second mortgage can cover part of it. $55,914.73 is due at closing. Uses and sources reconcile at $304,744.37 each. Not a Closing Disclosure.