Follow the dollars · Assumption only
A complete cash picture for Dec 28, 2026
Your down payment$97,376Cash toward the purchase price.
Closing costs + prepaids$10,041Not just lender fees.
Before credits & paid funds$107,417The complete starting cash picture.
Estimated remaining funds due at closing
$107,417No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$97,376.28
Your down payment$97,376.28
Closing costs + prepaids$10,040.92
Total buyer cash needed$107,417.20
Remaining funds due$107,417.20
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,400.00
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)$612.00
Initial HOA (3 months)$750.00
Prepaid interest, first (4 days)$53.92
Fees + prepaids$10,040.92
Your down payment is the seller’s equity. You take over the $142,624 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $107,417.20 is due at closing. Uses and sources reconcile at $250,040.92 each. Not a Closing Disclosure.