Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$50,942Cash toward the purchase price.
Closing costs + prepaids$9,849Not just lender fees.
Before credits & paid funds$60,791The complete starting cash picture.
Estimated remaining funds due at closing
$60,791No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$50,942.39
Your down payment$50,942.39
Closing costs + prepaids$9,848.52
Total buyer cash needed$60,790.91
Remaining funds due$60,790.91
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)$149.75
Prepaid interest, first (29 days)$1,023.77
Fees + prepaids$9,848.52
Your down payment is the seller’s equity. You take over the $194,058 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $60,790.91 is due at closing. Uses and sources reconcile at $254,848.52 each. Not a Closing Disclosure.