Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$48,197Cash toward the purchase price.
Closing costs + prepaids$11,925Not just lender fees.
Before credits & paid funds$60,122The complete starting cash picture.
Estimated remaining funds due at closing
$60,122No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$48,197.30
Your down payment$48,197.30
Closing costs + prepaids$11,924.53
Total buyer cash needed$60,121.83
Remaining funds due$60,121.83
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,800.00
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)$515.50
Prepaid interest, first (25 days)$1,384.03
Fees + prepaids$11,924.53
Your down payment is the seller’s equity. You take over the $331,803 balance, so the rest of the $380,000 price is paid at closing. A second mortgage can cover part of it. $60,121.83 is due at closing. Uses and sources reconcile at $391,924.53 each. Not a Closing Disclosure.