Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$120,375Cash toward the purchase price.
Closing costs + prepaids$14,664Not just lender fees.
Before credits & paid funds$135,039The complete starting cash picture.
Estimated remaining funds due at closing
$135,039No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,374.89
Your down payment$120,374.89
Closing costs + prepaids$14,664.03
Total buyer cash needed$135,038.92
Remaining funds due$135,038.92
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,090.00
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)$1,125.50
Initial HOA (3 months)$2,667.00
Prepaid interest, first (23 days)$556.53
Fees + prepaids$14,664.03
Your down payment is the seller’s equity. You take over the $288,625 balance, so the rest of the $409,000 price is paid at closing. A second mortgage can cover part of it. $135,038.92 is due at closing. Uses and sources reconcile at $423,664.03 each. Not a Closing Disclosure.