Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$40,229Cash toward the purchase price.
Closing costs + prepaids$10,409Not just lender fees.
Before credits & paid funds$50,638The complete starting cash picture.
Estimated remaining funds due at closing
$50,638No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,229.43
Your down payment$40,229.43
Closing costs + prepaids$10,408.61
Total buyer cash needed$50,638.04
Remaining funds due$50,638.04
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)$334.75
Prepaid interest, first (31 days)$1,198.86
Fees + prepaids$10,408.61
Your down payment is the seller’s equity. You take over the $224,771 balance, so the rest of the $265,000 price is paid at closing. A second mortgage can cover part of it. $50,638.04 is due at closing. Uses and sources reconcile at $275,408.61 each. Not a Closing Disclosure.