Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$176,120Cash toward the purchase price.
Closing costs + prepaids$9,869Not just lender fees.
Before credits & paid funds$185,989The complete starting cash picture.
Estimated remaining funds due at closing
$185,989No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$176,119.79
Your down payment$176,119.79
Closing costs + prepaids$9,868.86
Total buyer cash needed$185,988.65
Remaining funds due$185,988.65
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,950.00
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)$353.50
Prepaid interest, first (22 days)$340.36
Fees + prepaids$9,868.86
Your down payment is the seller’s equity. You take over the $118,880 balance, so the rest of the $295,000 price is paid at closing. A second mortgage can cover part of it. $185,988.65 is due at closing. Uses and sources reconcile at $304,868.86 each. Not a Closing Disclosure.