Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$60,330Cash toward the purchase price.
Closing costs + prepaids$10,545Not just lender fees.
Before credits & paid funds$70,874The complete starting cash picture.
Estimated remaining funds due at closing
$70,874No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,329.60
Your down payment$60,329.60
Closing costs + prepaids$10,544.82
Total buyer cash needed$70,874.42
Remaining funds due$70,874.42
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,900.00
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)$368.75
Prepaid interest, first (24 days)$1,051.07
Fees + prepaids$10,544.82
Your down payment is the seller’s equity. You take over the $229,670 balance, so the rest of the $290,000 price is paid at closing. A second mortgage can cover part of it. $70,874.42 is due at closing. Uses and sources reconcile at $300,544.82 each. Not a Closing Disclosure.