Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$7,893Cash toward the purchase price.
Closing costs + prepaids$15,253Not just lender fees.
Before credits & paid funds$23,146The complete starting cash picture.
Estimated remaining funds due at closing
$23,146No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,892.84
Your down payment$7,892.84
Closing costs + prepaids$15,253.32
Total buyer cash needed$23,146.16
Remaining funds due$23,146.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,100.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,594.75
Initial HOA (3 months)$450.00
Prepaid interest, first (25 days)$1,633.57
Fees + prepaids$15,253.32
Your down payment is the seller’s equity. You take over the $502,107 balance, so the rest of the $510,000 price is paid at closing. A second mortgage can cover part of it. $23,146.16 is due at closing. Uses and sources reconcile at $525,253.32 each. Not a Closing Disclosure.