Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$120,921Cash toward the purchase price.
Closing costs + prepaids$12,075Not just lender fees.
Before credits & paid funds$132,995The complete starting cash picture.
Estimated remaining funds due at closing
$132,995No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,920.68
Your down payment$120,920.68
Closing costs + prepaids$12,074.77
Total buyer cash needed$132,995.45
Remaining funds due$132,995.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,750.00
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)$1,299.25
Prepaid interest, first (25 days)$800.52
Fees + prepaids$12,074.77
Your down payment is the seller’s equity. You take over the $254,079 balance, so the rest of the $375,000 price is paid at closing. A second mortgage can cover part of it. $132,995.45 is due at closing. Uses and sources reconcile at $387,074.77 each. Not a Closing Disclosure.