Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$55,318Cash toward the purchase price.
Closing costs + prepaids$10,948Not just lender fees.
Before credits & paid funds$66,266The complete starting cash picture.
Estimated remaining funds due at closing
$66,266No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,318.49
Your down payment$55,318.49
Closing costs + prepaids$10,947.66
Total buyer cash needed$66,266.16
Remaining funds due$66,266.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,500.00
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)$210.25
Prepaid interest, first (22 days)$1,012.41
Fees + prepaids$10,947.66
Your down payment is the seller’s equity. You take over the $294,682 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $66,266.16 is due at closing. Uses and sources reconcile at $360,947.66 each. Not a Closing Disclosure.