Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$120,544Cash toward the purchase price.
Closing costs + prepaids$12,704Not just lender fees.
Before credits & paid funds$133,248The complete starting cash picture.
Estimated remaining funds due at closing
$133,248No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,544.37
Your down payment$120,544.37
Closing costs + prepaids$12,703.94
Total buyer cash needed$133,248.31
Remaining funds due$133,248.31
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,600.00
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)$2,251.75
Initial HOA (3 months)$36.75
Prepaid interest, first (25 days)$590.44
Fees + prepaids$12,703.94
Your down payment is the seller’s equity. You take over the $239,456 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $133,248.31 is due at closing. Uses and sources reconcile at $372,703.94 each. Not a Closing Disclosure.