Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$40,308Cash toward the purchase price.
Closing costs + prepaids$12,809Not just lender fees.
Before credits & paid funds$53,118The complete starting cash picture.
Estimated remaining funds due at closing
$53,118No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,308.32
Your down payment$40,308.32
Closing costs + prepaids$12,809.27
Total buyer cash needed$53,117.58
Remaining funds due$53,117.58
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,350.00
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)$1,002.50
Initial HOA (3 months)$315.00
Prepaid interest, first (27 days)$916.77
Fees + prepaids$12,809.27
Your down payment is the seller’s equity. You take over the $394,692 balance, so the rest of the $435,000 price is paid at closing. A second mortgage can cover part of it. $53,117.58 is due at closing. Uses and sources reconcile at $447,809.27 each. Not a Closing Disclosure.