Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$41,507Cash toward the purchase price.
Closing costs + prepaids$12,711Not just lender fees.
Before credits & paid funds$54,218The complete starting cash picture.
Estimated remaining funds due at closing
$54,218No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,506.91
Your down payment$41,506.91
Closing costs + prepaids$12,711.47
Total buyer cash needed$54,218.38
Remaining funds due$54,218.38
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)$1,342.50
Initial HOA (3 months)$47.49
Prepaid interest, first (25 days)$1,496.48
Fees + prepaids$12,711.47
Your down payment is the seller’s equity. You take over the $318,493 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $54,218.38 is due at closing. Uses and sources reconcile at $372,711.47 each. Not a Closing Disclosure.