Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$27,585Cash toward the purchase price.
Closing costs + prepaids$12,960Not just lender fees.
Before credits & paid funds$40,545The complete starting cash picture.
Estimated remaining funds due at closing
$40,545No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$27,585.19
Your down payment$27,585.19
Closing costs + prepaids$12,959.92
Total buyer cash needed$40,545.10
Remaining funds due$40,545.10
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,944.90
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)$476.50
Initial HOA (3 months)$288.00
Prepaid interest, first (31 days)$2,025.52
Fees + prepaids$12,959.92
Your down payment is the seller’s equity. You take over the $366,905 balance, so the rest of the $394,490 price is paid at closing. A second mortgage can cover part of it. $40,545.10 is due at closing. Uses and sources reconcile at $407,449.92 each. Not a Closing Disclosure.