Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$26,886Cash toward the purchase price.
Closing costs + prepaids$11,882Not just lender fees.
Before credits & paid funds$38,768The complete starting cash picture.
Estimated remaining funds due at closing
$38,768No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$26,886.10
Your down payment$26,886.10
Closing costs + prepaids$11,881.85
Total buyer cash needed$38,767.95
Remaining funds due$38,767.95
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,890.00
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)$428.75
Initial HOA (3 months)$222.00
Prepaid interest, first (20 days)$1,116.10
Fees + prepaids$11,881.85
Your down payment is the seller’s equity. You take over the $362,114 balance, so the rest of the $389,000 price is paid at closing. A second mortgage can cover part of it. $38,767.95 is due at closing. Uses and sources reconcile at $400,881.85 each. Not a Closing Disclosure.