Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$119,522Cash toward the purchase price.
Closing costs + prepaids$8,554Not just lender fees.
Before credits & paid funds$128,076The complete starting cash picture.
Estimated remaining funds due at closing
$128,076No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,522.50
Your down payment$119,522.50
Closing costs + prepaids$8,553.81
Total buyer cash needed$128,076.30
Remaining funds due$128,076.30
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$1,885.00
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)$117.25
Prepaid interest, first (24 days)$326.56
Fees + prepaids$8,553.81
Your down payment is the seller’s equity. You take over the $68,978 balance, so the rest of the $188,500 price is paid at closing. A second mortgage can cover part of it. $128,076.30 is due at closing. Uses and sources reconcile at $197,053.81 each. Not a Closing Disclosure.