Follow the dollars · Assumption only
A complete cash picture for Dec 29, 2026
Your down payment$53,975Cash toward the purchase price.
Closing costs + prepaids$10,780Not just lender fees.
Before credits & paid funds$64,754The complete starting cash picture.
Estimated remaining funds due at closing
$64,754No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,974.86
Your down payment$53,974.86
Closing costs + prepaids$10,779.54
Total buyer cash needed$64,754.41
Remaining funds due$64,754.41
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,500.00
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)$892.50
Prepaid interest, first (3 days)$162.04
Fees + prepaids$10,779.54
Your down payment is the seller’s equity. You take over the $296,025 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $64,754.41 is due at closing. Uses and sources reconcile at $360,779.54 each. Not a Closing Disclosure.