Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$35,000Cash toward the purchase price.
Closing costs + prepaids$11,617Not just lender fees.
Before credits & paid funds$46,616The complete starting cash picture.
Estimated remaining funds due at closing
$46,616No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$34,999.80
Your down payment$34,999.80
Closing costs + prepaids$11,616.66
Total buyer cash needed$46,616.46
Remaining funds due$46,616.46
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,200.00
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)$380.25
Initial HOA (3 months)$255.00
Prepaid interest, first (31 days)$1,556.41
Fees + prepaids$11,616.66
Your down payment is the seller’s equity. You take over the $285,000 balance, so the rest of the $320,000 price is paid at closing. A second mortgage can cover part of it. $46,616.46 is due at closing. Uses and sources reconcile at $331,616.66 each. Not a Closing Disclosure.