Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$122,334Cash toward the purchase price.
Closing costs + prepaids$10,914Not just lender fees.
Before credits & paid funds$133,248The complete starting cash picture.
Estimated remaining funds due at closing
$133,248No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$122,334.45
Your down payment$122,334.45
Closing costs + prepaids$10,913.50
Total buyer cash needed$133,247.95
Remaining funds due$133,247.95
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,200.00
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)$1,104.00
Prepaid interest, first (25 days)$384.50
Fees + prepaids$10,913.50
Your down payment is the seller’s equity. You take over the $197,666 balance, so the rest of the $320,000 price is paid at closing. A second mortgage can cover part of it. $133,247.95 is due at closing. Uses and sources reconcile at $330,913.50 each. Not a Closing Disclosure.