Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$29,644Cash toward the purchase price.
Closing costs + prepaids$12,800Not just lender fees.
Before credits & paid funds$42,444The complete starting cash picture.
Estimated remaining funds due at closing
$42,444No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$29,643.93
Your down payment$29,643.93
Closing costs + prepaids$12,800.23
Total buyer cash needed$42,444.16
Remaining funds due$42,444.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,880.00
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)$941.25
Initial HOA (3 months)$350.01
Prepaid interest, first (22 days)$1,403.97
Fees + prepaids$12,800.23
Your down payment is the seller’s equity. You take over the $358,356 balance, so the rest of the $388,000 price is paid at closing. A second mortgage can cover part of it. $42,444.16 is due at closing. Uses and sources reconcile at $400,800.23 each. Not a Closing Disclosure.