Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$45,252Cash toward the purchase price.
Closing costs + prepaids$11,344Not just lender fees.
Before credits & paid funds$56,596The complete starting cash picture.
Estimated remaining funds due at closing
$56,596No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$45,251.87
Your down payment$45,251.87
Closing costs + prepaids$11,344.16
Total buyer cash needed$56,596.03
Remaining funds due$56,596.03
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,475.00
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)$317.25
Initial HOA (3 months)$315.00
Prepaid interest, first (20 days)$1,011.91
Fees + prepaids$11,344.16
Your down payment is the seller’s equity. You take over the $302,248 balance, so the rest of the $347,500 price is paid at closing. A second mortgage can cover part of it. $56,596.03 is due at closing. Uses and sources reconcile at $358,844.16 each. Not a Closing Disclosure.