Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$118,800Cash toward the purchase price.
Closing costs + prepaids$13,990Not just lender fees.
Before credits & paid funds$132,789The complete starting cash picture.
Estimated remaining funds due at closing
$132,789No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$118,799.56
Your down payment$118,799.56
Closing costs + prepaids$13,989.57
Total buyer cash needed$132,789.12
Remaining funds due$132,789.12
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,250.00
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)$1,312.50
Prepaid interest, first (29 days)$952.07
Fees + prepaids$13,989.57
Your down payment is the seller’s equity. You take over the $406,200 balance, so the rest of the $525,000 price is paid at closing. A second mortgage can cover part of it. $132,789.12 is due at closing. Uses and sources reconcile at $538,989.57 each. Not a Closing Disclosure.