Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$341,880Cash toward the purchase price.
Closing costs + prepaids$13,112Not just lender fees.
Before credits & paid funds$354,991The complete starting cash picture.
Estimated remaining funds due at closing
$354,991No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$341,879.55
Your down payment$341,879.55
Closing costs + prepaids$13,111.70
Total buyer cash needed$354,991.25
Remaining funds due$354,991.25
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,400.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$637.75
Initial HOA (3 months)$162.00
Prepaid interest, first (25 days)$436.95
Fees + prepaids$13,111.70
Your down payment is the seller’s equity. You take over the $198,120 balance, so the rest of the $540,000 price is paid at closing. A second mortgage can cover part of it. $354,991.25 is due at closing. Uses and sources reconcile at $553,111.70 each. Not a Closing Disclosure.