Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$56,130Cash toward the purchase price.
Closing costs + prepaids$12,914Not just lender fees.
Before credits & paid funds$69,044The complete starting cash picture.
Estimated remaining funds due at closing
$69,044No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,130.14
Your down payment$56,130.14
Closing costs + prepaids$12,914.10
Total buyer cash needed$69,044.24
Remaining funds due$69,044.24
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,080.00
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)$1,124.50
Prepaid interest, first (25 days)$1,484.60
Fees + prepaids$12,914.10
Your down payment is the seller’s equity. You take over the $351,870 balance, so the rest of the $408,000 price is paid at closing. A second mortgage can cover part of it. $69,044.24 is due at closing. Uses and sources reconcile at $420,914.10 each. Not a Closing Disclosure.