Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$60,629Cash toward the purchase price.
Closing costs + prepaids$12,265Not just lender fees.
Before credits & paid funds$72,894The complete starting cash picture.
Estimated remaining funds due at closing
$72,894No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,628.86
Your down payment$60,628.86
Closing costs + prepaids$12,264.85
Total buyer cash needed$72,893.71
Remaining funds due$72,893.71
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,899.00
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)$898.75
Initial HOA (3 months)$8.01
Prepaid interest, first (24 days)$1,234.09
Fees + prepaids$12,264.85
Your down payment is the seller’s equity. You take over the $329,271 balance, so the rest of the $389,900 price is paid at closing. A second mortgage can cover part of it. $72,893.71 is due at closing. Uses and sources reconcile at $402,164.85 each. Not a Closing Disclosure.