Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$47,024Cash toward the purchase price.
Closing costs + prepaids$12,170Not just lender fees.
Before credits & paid funds$59,194The complete starting cash picture.
Estimated remaining funds due at closing
$59,194No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$47,023.52
Your down payment$47,023.52
Closing costs + prepaids$12,170.07
Total buyer cash needed$59,193.59
Remaining funds due$59,193.59
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,900.00
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)$574.50
Prepaid interest, first (25 days)$1,470.57
Fees + prepaids$12,170.07
Your down payment is the seller’s equity. You take over the $342,976 balance, so the rest of the $390,000 price is paid at closing. A second mortgage can cover part of it. $59,193.59 is due at closing. Uses and sources reconcile at $402,170.07 each. Not a Closing Disclosure.