Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$175,932Cash toward the purchase price.
Closing costs + prepaids$10,504Not just lender fees.
Before credits & paid funds$186,435The complete starting cash picture.
Estimated remaining funds due at closing
$186,435No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$175,931.92
Your down payment$175,931.92
Closing costs + prepaids$10,503.53
Total buyer cash needed$186,435.45
Remaining funds due$186,435.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,450.00
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)$624.75
Initial HOA (3 months)$1,170.00
Prepaid interest, first (5 days)$33.78
Fees + prepaids$10,503.53
Your down payment is the seller’s equity. You take over the $69,068 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $186,435.45 is due at closing. Uses and sources reconcile at $255,503.53 each. Not a Closing Disclosure.