Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$60,002Cash toward the purchase price.
Closing costs + prepaids$13,090Not just lender fees.
Before credits & paid funds$73,091The complete starting cash picture.
Estimated remaining funds due at closing
$73,091No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,001.86
Your down payment$60,001.86
Closing costs + prepaids$13,089.51
Total buyer cash needed$73,091.37
Remaining funds due$73,091.37
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,200.00
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)$1,067.50
Prepaid interest, first (23 days)$1,597.01
Fees + prepaids$13,089.51
Your down payment is the seller’s equity. You take over the $359,998 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $73,091.37 is due at closing. Uses and sources reconcile at $433,089.51 each. Not a Closing Disclosure.