Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$27,774Cash toward the purchase price.
Closing costs + prepaids$23,342Not just lender fees.
Before credits & paid funds$51,116The complete starting cash picture.
Estimated remaining funds due at closing
$51,116No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$27,773.89
Your down payment$27,773.89
Closing costs + prepaids$23,341.69
Total buyer cash needed$51,115.58
Remaining funds due$51,115.58
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,400.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,350.00
Prepaid interest, first (26 days)$4,366.69
Fees + prepaids$23,341.69
Your down payment is the seller’s equity. You take over the $912,226 balance, so the rest of the $940,000 price is paid at closing. A second mortgage can cover part of it. $51,115.58 is due at closing. Uses and sources reconcile at $963,341.69 each. Not a Closing Disclosure.