Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$51,366Cash toward the purchase price.
Closing costs + prepaids$11,557Not just lender fees.
Before credits & paid funds$62,923The complete starting cash picture.
Estimated remaining funds due at closing
$62,923No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$51,365.93
Your down payment$51,365.93
Closing costs + prepaids$11,557.08
Total buyer cash needed$62,923.01
Remaining funds due$62,923.01
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,490.00
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)$364.75
Prepaid interest, first (27 days)$1,477.33
Fees + prepaids$11,557.08
Your down payment is the seller’s equity. You take over the $297,634 balance, so the rest of the $349,000 price is paid at closing. A second mortgage can cover part of it. $62,923.01 is due at closing. Uses and sources reconcile at $360,557.08 each. Not a Closing Disclosure.