Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$118,642Cash toward the purchase price.
Closing costs + prepaids$10,288Not just lender fees.
Before credits & paid funds$128,930The complete starting cash picture.
Estimated remaining funds due at closing
$128,930No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,642.44
Your down payment$118,642.44
Closing costs + prepaids$10,287.51
Total buyer cash needed$128,929.95
Remaining funds due$128,929.95
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)$441.50
Initial HOA (3 months)$201.00
Prepaid interest, first (1 days)$20.01
Fees + prepaids$10,287.51
Your down payment is the seller’s equity. You take over the $221,358 balance, so the rest of the $340,000 price is paid at closing. A second mortgage can cover part of it. $128,929.95 is due at closing. Uses and sources reconcile at $350,287.51 each. Not a Closing Disclosure.