Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$46,805Cash toward the purchase price.
Closing costs + prepaids$13,720Not just lender fees.
Before credits & paid funds$60,525The complete starting cash picture.
Estimated remaining funds due at closing
$60,525No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$46,805.11
Your down payment$46,805.11
Closing costs + prepaids$13,720.11
Total buyer cash needed$60,525.22
Remaining funds due$60,525.22
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,070.00
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)$1,017.50
Initial HOA (3 months)$1,029.00
Prepaid interest, first (22 days)$1,378.61
Fees + prepaids$13,720.11
Your down payment is the seller’s equity. You take over the $360,195 balance, so the rest of the $407,000 price is paid at closing. A second mortgage can cover part of it. $60,525.22 is due at closing. Uses and sources reconcile at $420,720.11 each. Not a Closing Disclosure.