Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$40,232Cash toward the purchase price.
Closing costs + prepaids$11,409Not just lender fees.
Before credits & paid funds$51,641The complete starting cash picture.
Estimated remaining funds due at closing
$51,641No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,232.19
Your down payment$40,232.19
Closing costs + prepaids$11,409.16
Total buyer cash needed$51,641.35
Remaining funds due$51,641.35
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,850.00
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)$878.25
Initial HOA (3 months)$267.00
Prepaid interest, first (20 days)$188.91
Fees + prepaids$11,409.16
Your down payment is the seller’s equity. You take over the $344,768 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $51,641.35 is due at closing. Uses and sources reconcile at $396,409.16 each. Not a Closing Disclosure.