Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$41,945Cash toward the purchase price.
Closing costs + prepaids$10,584Not just lender fees.
Before credits & paid funds$52,529The complete starting cash picture.
Estimated remaining funds due at closing
$52,529No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,945.46
Your down payment$41,945.46
Closing costs + prepaids$10,583.84
Total buyer cash needed$52,529.31
Remaining funds due$52,529.31
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,455.00
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)$272.50
Initial HOA (3 months)$435.00
Prepaid interest, first (31 days)$1,196.34
Fees + prepaids$10,583.84
Your down payment is the seller’s equity. You take over the $203,555 balance, so the rest of the $245,500 price is paid at closing. A second mortgage can cover part of it. $52,529.31 is due at closing. Uses and sources reconcile at $256,083.84 each. Not a Closing Disclosure.