Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$29,175Cash toward the purchase price.
Closing costs + prepaids$11,797Not just lender fees.
Before credits & paid funds$40,973The complete starting cash picture.
Estimated remaining funds due at closing
$40,973No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$29,175.23
Your down payment$29,175.23
Closing costs + prepaids$11,797.38
Total buyer cash needed$40,972.61
Remaining funds due$40,972.61
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,470.00
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)$616.00
Initial HOA (3 months)$285.00
Prepaid interest, first (27 days)$1,201.38
Fees + prepaids$11,797.38
Your down payment is the seller’s equity. You take over the $317,825 balance, so the rest of the $347,000 price is paid at closing. A second mortgage can cover part of it. $40,972.61 is due at closing. Uses and sources reconcile at $358,797.38 each. Not a Closing Disclosure.