Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$115,030Cash toward the purchase price.
Closing costs + prepaids$14,135Not just lender fees.
Before credits & paid funds$129,165The complete starting cash picture.
Estimated remaining funds due at closing
$129,165No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$115,029.52
Your down payment$115,029.52
Closing costs + prepaids$14,135.28
Total buyer cash needed$129,164.80
Remaining funds due$129,164.80
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,400.00
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)$392.50
Initial HOA (3 months)$282.00
Prepaid interest, first (20 days)$1,585.78
Fees + prepaids$14,135.28
Your down payment is the seller’s equity. You take over the $424,970 balance, so the rest of the $540,000 price is paid at closing. A second mortgage can cover part of it. $129,164.80 is due at closing. Uses and sources reconcile at $554,135.28 each. Not a Closing Disclosure.