Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$38,168Cash toward the purchase price.
Closing costs + prepaids$11,860Not just lender fees.
Before credits & paid funds$50,028The complete starting cash picture.
Estimated remaining funds due at closing
$50,028No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$38,168.13
Your down payment$38,168.13
Closing costs + prepaids$11,860.17
Total buyer cash needed$50,028.30
Remaining funds due$50,028.30
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)$173.75
Prepaid interest, first (31 days)$1,861.42
Fees + prepaids$11,860.17
Your down payment is the seller’s equity. You take over the $321,832 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $50,028.30 is due at closing. Uses and sources reconcile at $371,860.17 each. Not a Closing Disclosure.