Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$53,963Cash toward the purchase price.
Closing costs + prepaids$10,198Not just lender fees.
Before credits & paid funds$64,161The complete starting cash picture.
Estimated remaining funds due at closing
$64,161No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,963.07
Your down payment$53,963.07
Closing costs + prepaids$10,197.70
Total buyer cash needed$64,160.77
Remaining funds due$64,160.77
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,400.00
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)$639.75
Initial HOA (3 months)$43.74
Prepaid interest, first (26 days)$889.21
Fees + prepaids$10,197.70
Your down payment is the seller’s equity. You take over the $186,037 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $64,160.77 is due at closing. Uses and sources reconcile at $250,197.70 each. Not a Closing Disclosure.