Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$40,553Cash toward the purchase price.
Closing costs + prepaids$9,498Not just lender fees.
Before credits & paid funds$50,051The complete starting cash picture.
Estimated remaining funds due at closing
$50,051No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,553.25
Your down payment$40,553.25
Closing costs + prepaids$9,497.62
Total buyer cash needed$50,050.87
Remaining funds due$50,050.87
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,240.00
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)$127.75
Prepaid interest, first (28 days)$904.87
Fees + prepaids$9,497.62
Your down payment is the seller’s equity. You take over the $183,447 balance, so the rest of the $224,000 price is paid at closing. A second mortgage can cover part of it. $50,050.87 is due at closing. Uses and sources reconcile at $233,497.62 each. Not a Closing Disclosure.