Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$49,494Cash toward the purchase price.
Closing costs + prepaids$12,057Not just lender fees.
Before credits & paid funds$61,551The complete starting cash picture.
Estimated remaining funds due at closing
$61,551No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$49,493.66
Your down payment$49,493.66
Closing costs + prepaids$12,057.36
Total buyer cash needed$61,551.02
Remaining funds due$61,551.02
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,470.00
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)$416.50
Initial HOA (3 months)$1,575.00
Prepaid interest, first (7 days)$370.86
Fees + prepaids$12,057.36
Your down payment is the seller’s equity. You take over the $297,506 balance, so the rest of the $347,000 price is paid at closing. A second mortgage can cover part of it. $61,551.02 is due at closing. Uses and sources reconcile at $359,057.36 each. Not a Closing Disclosure.