Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$4,012Cash toward the purchase price.
Closing costs + prepaids$12,035Not just lender fees.
Before credits & paid funds$16,048The complete starting cash picture.
Estimated remaining funds due at closing
$16,048No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$4,012.24
Your down payment$4,012.24
Closing costs + prepaids$12,035.49
Total buyer cash needed$16,047.73
Remaining funds due$16,047.73
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,500.00
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)$464.50
Initial HOA (3 months)$510.00
Prepaid interest, first (27 days)$1,335.99
Fees + prepaids$12,035.49
Your down payment is the seller’s equity. You take over the $345,988 balance, so the rest of the $350,000 price is paid at closing. A second mortgage can cover part of it. $16,047.73 is due at closing. Uses and sources reconcile at $362,035.49 each. Not a Closing Disclosure.