Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$8,256Cash toward the purchase price.
Closing costs + prepaids$12,252Not just lender fees.
Before credits & paid funds$20,508The complete starting cash picture.
Estimated remaining funds due at closing
$20,508No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$8,255.70
Your down payment$8,255.70
Closing costs + prepaids$12,252.28
Total buyer cash needed$20,507.98
Remaining funds due$20,507.98
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,749.00
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)$587.50
Initial HOA (3 months)$90.00
Prepaid interest, first (24 days)$1,600.78
Fees + prepaids$12,252.28
Your down payment is the seller’s equity. You take over the $366,644 balance, so the rest of the $374,900 price is paid at closing. A second mortgage can cover part of it. $20,507.98 is due at closing. Uses and sources reconcile at $387,152.28 each. Not a Closing Disclosure.