Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$49,537Cash toward the purchase price.
Closing costs + prepaids$10,896Not just lender fees.
Before credits & paid funds$60,433The complete starting cash picture.
Estimated remaining funds due at closing
$60,433No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$49,537.11
Your down payment$49,537.11
Closing costs + prepaids$10,896.13
Total buyer cash needed$60,433.24
Remaining funds due$60,433.24
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,989.00
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)$358.75
Initial HOA (3 months)$1,200.00
Prepaid interest, first (6 days)$123.38
Fees + prepaids$10,896.13
Your down payment is the seller’s equity. You take over the $249,363 balance, so the rest of the $298,900 price is paid at closing. A second mortgage can cover part of it. $60,433.24 is due at closing. Uses and sources reconcile at $309,796.13 each. Not a Closing Disclosure.