Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$59,925Cash toward the purchase price.
Closing costs + prepaids$8,619Not just lender fees.
Before credits & paid funds$68,544The complete starting cash picture.
Estimated remaining funds due at closing
$68,544No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$59,924.79
Your down payment$59,924.79
Closing costs + prepaids$8,619.06
Total buyer cash needed$68,543.85
Remaining funds due$68,543.85
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$1,200.00
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)$278.75
Initial HOA (3 months)$750.00
Prepaid interest, first (27 days)$165.31
Fees + prepaids$8,619.06
Your down payment is the seller’s equity. You take over the $60,075 balance, so the rest of the $120,000 price is paid at closing. A second mortgage can cover part of it. $68,543.85 is due at closing. Uses and sources reconcile at $128,619.06 each. Not a Closing Disclosure.