Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$40,602Cash toward the purchase price.
Closing costs + prepaids$13,960Not just lender fees.
Before credits & paid funds$54,562The complete starting cash picture.
Estimated remaining funds due at closing
$54,562No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,602.22
Your down payment$40,602.22
Closing costs + prepaids$13,959.70
Total buyer cash needed$54,561.92
Remaining funds due$54,561.92
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,300.00
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)$1,678.25
Prepaid interest, first (24 days)$1,756.45
Fees + prepaids$13,959.70
Your down payment is the seller’s equity. You take over the $389,398 balance, so the rest of the $430,000 price is paid at closing. A second mortgage can cover part of it. $54,561.92 is due at closing. Uses and sources reconcile at $443,959.70 each. Not a Closing Disclosure.