Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$40,656Cash toward the purchase price.
Closing costs + prepaids$12,578Not just lender fees.
Before credits & paid funds$53,234The complete starting cash picture.
Estimated remaining funds due at closing
$53,234No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,656.20
Your down payment$40,656.20
Closing costs + prepaids$12,578.03
Total buyer cash needed$53,234.23
Remaining funds due$53,234.23
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,149.50
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)$1,353.00
Initial HOA (3 months)$84.00
Prepaid interest, first (26 days)$766.53
Fees + prepaids$12,578.03
Your down payment is the seller’s equity. You take over the $374,294 balance, so the rest of the $414,950 price is paid at closing. A second mortgage can cover part of it. $53,234.23 is due at closing. Uses and sources reconcile at $427,528.03 each. Not a Closing Disclosure.