Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$39,013Cash toward the purchase price.
Closing costs + prepaids$12,364Not just lender fees.
Before credits & paid funds$51,376The complete starting cash picture.
Estimated remaining funds due at closing
$51,376No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$39,012.71
Your down payment$39,012.71
Closing costs + prepaids$12,363.73
Total buyer cash needed$51,376.44
Remaining funds due$51,376.44
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,400.00
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)$464.50
Initial HOA (3 months)$426.00
Prepaid interest, first (31 days)$1,848.23
Fees + prepaids$12,363.73
Your down payment is the seller’s equity. You take over the $300,987 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $51,376.44 is due at closing. Uses and sources reconcile at $352,363.73 each. Not a Closing Disclosure.