Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$23,303Cash toward the purchase price.
Closing costs + prepaids$12,538Not just lender fees.
Before credits & paid funds$35,842The complete starting cash picture.
Estimated remaining funds due at closing
$35,842No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$23,303.26
Your down payment$23,303.26
Closing costs + prepaids$12,538.39
Total buyer cash needed$35,841.65
Remaining funds due$35,841.65
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,875.00
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)$84.50
Initial HOA (3 months)$399.00
Prepaid interest, first (31 days)$1,954.89
Fees + prepaids$12,538.39
Your down payment is the seller’s equity. You take over the $364,197 balance, so the rest of the $387,500 price is paid at closing. A second mortgage can cover part of it. $35,841.65 is due at closing. Uses and sources reconcile at $400,038.39 each. Not a Closing Disclosure.