Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$24,643Cash toward the purchase price.
Closing costs + prepaids$10,394Not just lender fees.
Before credits & paid funds$35,037The complete starting cash picture.
Estimated remaining funds due at closing
$35,037No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$24,643.10
Your down payment$24,643.10
Closing costs + prepaids$10,393.64
Total buyer cash needed$35,036.73
Remaining funds due$35,036.73
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)$885.00
Prepaid interest, first (5 days)$208.89
Fees + prepaids$10,393.64
Your down payment is the seller’s equity. You take over the $220,357 balance, so the rest of the $245,000 price is paid at closing. A second mortgage can cover part of it. $35,036.73 is due at closing. Uses and sources reconcile at $255,393.64 each. Not a Closing Disclosure.