Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$4,278Cash toward the purchase price.
Closing costs + prepaids$12,142Not just lender fees.
Before credits & paid funds$16,420The complete starting cash picture.
Estimated remaining funds due at closing
$16,420No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$4,278.06
Your down payment$4,278.06
Closing costs + prepaids$12,142.03
Total buyer cash needed$16,420.09
Remaining funds due$16,420.09
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,600.00
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)$354.25
Initial HOA (3 months)$68.49
Prepaid interest, first (31 days)$1,894.29
Fees + prepaids$12,142.03
Your down payment is the seller’s equity. You take over the $355,722 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $16,420.09 is due at closing. Uses and sources reconcile at $372,142.03 each. Not a Closing Disclosure.