Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$111,159Cash toward the purchase price.
Closing costs + prepaids$12,418Not just lender fees.
Before credits & paid funds$123,577The complete starting cash picture.
Estimated remaining funds due at closing
$123,577No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$111,159.15
Your down payment$111,159.15
Closing costs + prepaids$12,418.12
Total buyer cash needed$123,577.28
Remaining funds due$123,577.28
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,980.00
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)$544.75
Initial HOA (3 months)$2,280.00
Prepaid interest, first (27 days)$388.37
Fees + prepaids$12,418.12
Your down payment is the seller’s equity. You take over the $186,841 balance, so the rest of the $298,000 price is paid at closing. A second mortgage can cover part of it. $123,577.28 is due at closing. Uses and sources reconcile at $310,418.12 each. Not a Closing Disclosure.