Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$112,551Cash toward the purchase price.
Closing costs + prepaids$10,273Not just lender fees.
Before credits & paid funds$122,824The complete starting cash picture.
Estimated remaining funds due at closing
$122,824No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$112,550.64
Your down payment$112,550.64
Closing costs + prepaids$10,272.91
Total buyer cash needed$122,823.54
Remaining funds due$122,823.54
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,249.00
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)$573.50
Initial HOA (3 months)$1,170.00
Prepaid interest, first (5 days)$55.41
Fees + prepaids$10,272.91
Your down payment is the seller’s equity. You take over the $112,349 balance, so the rest of the $224,900 price is paid at closing. A second mortgage can cover part of it. $122,823.54 is due at closing. Uses and sources reconcile at $235,172.91 each. Not a Closing Disclosure.