Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$9,075Cash toward the purchase price.
Closing costs + prepaids$11,910Not just lender fees.
Before credits & paid funds$20,985The complete starting cash picture.
Estimated remaining funds due at closing
$20,985No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$9,075.19
Your down payment$9,075.19
Closing costs + prepaids$11,910.18
Total buyer cash needed$20,985.37
Remaining funds due$20,985.37
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)$408.00
Initial HOA (3 months)$1,170.00
Prepaid interest, first (12 days)$707.18
Fees + prepaids$11,910.18
Your down payment is the seller’s equity. You take over the $330,925 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $20,985.37 is due at closing. Uses and sources reconcile at $351,910.18 each. Not a Closing Disclosure.