Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$20,925Cash toward the purchase price.
Closing costs + prepaids$10,947Not just lender fees.
Before credits & paid funds$31,872The complete starting cash picture.
Estimated remaining funds due at closing
$31,872No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,924.68
Your down payment$20,924.68
Closing costs + prepaids$10,946.91
Total buyer cash needed$31,871.59
Remaining funds due$31,871.59
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,970.00
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)$440.25
Initial HOA (3 months)$120.00
Prepaid interest, first (23 days)$1,191.66
Fees + prepaids$10,946.91
Your down payment is the seller’s equity. You take over the $276,075 balance, so the rest of the $297,000 price is paid at closing. A second mortgage can cover part of it. $31,871.59 is due at closing. Uses and sources reconcile at $307,946.91 each. Not a Closing Disclosure.