Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$12,551Cash toward the purchase price.
Closing costs + prepaids$10,995Not just lender fees.
Before credits & paid funds$23,546The complete starting cash picture.
Estimated remaining funds due at closing
$23,546No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$12,551.05
Your down payment$12,551.05
Closing costs + prepaids$10,995.07
Total buyer cash needed$23,546.12
Remaining funds due$23,546.12
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$2,250.00
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)$253.50
Initial HOA (3 months)$1,296.00
Prepaid interest, first (25 days)$970.57
Fees + prepaids$10,995.07
Your down payment is the seller’s equity. You take over the $212,449 balance, so the rest of the $225,000 price is paid at closing. A second mortgage can cover part of it. $23,546.12 is due at closing. Uses and sources reconcile at $235,995.07 each. Not a Closing Disclosure.