Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$61,957Cash toward the purchase price.
Closing costs + prepaids$8,048Not just lender fees.
Before credits & paid funds$70,005The complete starting cash picture.
Estimated remaining funds due at closing
$70,005No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$61,957.01
Your down payment$61,957.01
Closing costs + prepaids$8,047.95
Total buyer cash needed$70,004.96
Remaining funds due$70,004.96
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$1,250.00
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)$231.75
Initial HOA (3 months)$150.00
Prepaid interest, first (30 days)$191.20
Fees + prepaids$8,047.95
Your down payment is the seller’s equity. You take over the $63,043 balance, so the rest of the $125,000 price is paid at closing. A second mortgage can cover part of it. $70,004.96 is due at closing. Uses and sources reconcile at $133,047.95 each. Not a Closing Disclosure.