Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$0Cash toward the purchase price.
Closing costs + prepaids$7,647Not just lender fees.
Before credits & paid funds$7,647The complete starting cash picture.
Estimated remaining funds due at closing
$7,647No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing−$177,494.93
Your down payment$0.00
Closing costs + prepaids$7,646.82
Total buyer cash needed$7,646.82
Remaining funds due$7,646.82
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$400.00
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)$92.25
Prepaid interest, first (24 days)$929.57
Fees + prepaids$7,646.82
Your down payment is the seller’s equity. You take over the $217,495 balance, so the rest of the $40,000 price is paid at closing. A second mortgage can cover part of it. $7,646.82 is due at closing. Not a Closing Disclosure.