Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$120,423Cash toward the purchase price.
Closing costs + prepaids$14,723Not just lender fees.
Before credits & paid funds$135,146The complete starting cash picture.
Estimated remaining funds due at closing
$135,146No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,423.40
Your down payment$120,423.40
Closing costs + prepaids$14,722.52
Total buyer cash needed$135,145.92
Remaining funds due$135,145.92
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,250.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$942.50
Initial HOA (3 months)$225.00
Prepaid interest, first (26 days)$1,830.02
Fees + prepaids$14,722.52
Your down payment is the seller’s equity. You take over the $404,577 balance, so the rest of the $525,000 price is paid at closing. A second mortgage can cover part of it. $135,145.92 is due at closing. Uses and sources reconcile at $539,722.52 each. Not a Closing Disclosure.