Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$107,054Cash toward the purchase price.
Closing costs + prepaids$13,165Not just lender fees.
Before credits & paid funds$120,219The complete starting cash picture.
Estimated remaining funds due at closing
$120,219No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$107,054.16
Your down payment$107,054.16
Closing costs + prepaids$13,165.11
Total buyer cash needed$120,219.27
Remaining funds due$120,219.27
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,888.00
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)$972.00
Initial HOA (3 months)$540.00
Prepaid interest, first (29 days)$1,540.11
Fees + prepaids$13,165.11
Your down payment is the seller’s equity. You take over the $281,746 balance, so the rest of the $388,800 price is paid at closing. A second mortgage can cover part of it. $120,219.27 is due at closing. Uses and sources reconcile at $401,965.11 each. Not a Closing Disclosure.