Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$42,054Cash toward the purchase price.
Closing costs + prepaids$9,687Not just lender fees.
Before credits & paid funds$51,742The complete starting cash picture.
Estimated remaining funds due at closing
$51,742No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,054.10
Your down payment$42,054.10
Closing costs + prepaids$9,687.41
Total buyer cash needed$51,741.51
Remaining funds due$51,741.51
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,400.00
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)$288.00
Initial HOA (3 months)$600.00
Prepaid interest, first (12 days)$174.41
Fees + prepaids$9,687.41
Your down payment is the seller’s equity. You take over the $197,946 balance, so the rest of the $240,000 price is paid at closing. A second mortgage can cover part of it. $51,741.51 is due at closing. Uses and sources reconcile at $249,687.41 each. Not a Closing Disclosure.