Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$7,627Cash toward the purchase price.
Closing costs + prepaids$15,026Not just lender fees.
Before credits & paid funds$22,653The complete starting cash picture.
Estimated remaining funds due at closing
$22,653No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$7,627.22
Your down payment$7,627.22
Closing costs + prepaids$15,025.54
Total buyer cash needed$22,652.75
Remaining funds due$22,652.75
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,250.00
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)$1,062.50
Initial HOA (3 months)$1,395.00
Prepaid interest, first (26 days)$2,093.04
Fees + prepaids$15,025.54
Your down payment is the seller’s equity. You take over the $417,373 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $22,652.75 is due at closing. Uses and sources reconcile at $440,025.54 each. Not a Closing Disclosure.