Follow the dollars · Assumption only
A complete cash picture for Dec 28, 2026
Your down payment$224,762Cash toward the purchase price.
Closing costs + prepaids$10,988Not just lender fees.
Before credits & paid funds$235,750The complete starting cash picture.
Estimated remaining funds due at closing
$235,750No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$224,762.05
Your down payment$224,762.05
Closing costs + prepaids$10,987.56
Total buyer cash needed$235,749.61
Remaining funds due$235,749.61
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,750.00
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)$956.25
Prepaid interest, first (4 days)$56.31
Fees + prepaids$10,987.56
Your down payment is the seller’s equity. You take over the $150,238 balance, so the rest of the $375,000 price is paid at closing. A second mortgage can cover part of it. $235,749.61 is due at closing. Uses and sources reconcile at $385,987.56 each. Not a Closing Disclosure.