Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$40,950Cash toward the purchase price.
Closing costs + prepaids$10,296Not just lender fees.
Before credits & paid funds$51,246The complete starting cash picture.
Estimated remaining funds due at closing
$51,246No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,949.71
Your down payment$40,949.71
Closing costs + prepaids$10,296.01
Total buyer cash needed$51,245.72
Remaining funds due$51,245.72
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,650.00
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)$411.25
Prepaid interest, first (25 days)$1,009.76
Fees + prepaids$10,296.01
Your down payment is the seller’s equity. You take over the $224,050 balance, so the rest of the $265,000 price is paid at closing. A second mortgage can cover part of it. $51,245.72 is due at closing. Uses and sources reconcile at $275,296.01 each. Not a Closing Disclosure.