Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$219,460Cash toward the purchase price.
Closing costs + prepaids$10,546Not just lender fees.
Before credits & paid funds$230,006The complete starting cash picture.
Estimated remaining funds due at closing
$230,006No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$219,459.97
Your down payment$219,459.97
Closing costs + prepaids$10,545.67
Total buyer cash needed$230,005.63
Remaining funds due$230,005.63
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,400.00
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)$867.00
Prepaid interest, first (5 days)$53.67
Fees + prepaids$10,545.67
Your down payment is the seller’s equity. You take over the $120,540 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $230,005.63 is due at closing. Uses and sources reconcile at $350,545.67 each. Not a Closing Disclosure.