Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$42,888Cash toward the purchase price.
Closing costs + prepaids$11,680Not just lender fees.
Before credits & paid funds$54,568The complete starting cash picture.
Estimated remaining funds due at closing
$54,568No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$42,887.74
Your down payment$42,887.74
Closing costs + prepaids$11,680.48
Total buyer cash needed$54,568.23
Remaining funds due$54,568.23
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,040.00
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)$294.75
Prepaid interest, first (24 days)$1,120.73
Fees + prepaids$11,680.48
Your down payment is the seller’s equity. You take over the $361,112 balance, so the rest of the $404,000 price is paid at closing. A second mortgage can cover part of it. $54,568.23 is due at closing. Uses and sources reconcile at $415,680.48 each. Not a Closing Disclosure.