Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$388,221Cash toward the purchase price.
Closing costs + prepaids$11,867Not just lender fees.
Before credits & paid funds$400,088The complete starting cash picture.
Estimated remaining funds due at closing
$400,088No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$388,220.90
Your down payment$388,220.90
Closing costs + prepaids$11,867.50
Total buyer cash needed$400,088.40
Remaining funds due$400,088.40
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,750.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$466.75
Prepaid interest, first (22 days)$175.75
Fees + prepaids$11,867.50
Your down payment is the seller’s equity. You take over the $86,779 balance, so the rest of the $475,000 price is paid at closing. A second mortgage can cover part of it. $400,088.40 is due at closing. Uses and sources reconcile at $486,867.50 each. Not a Closing Disclosure.