Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$41,946Cash toward the purchase price.
Closing costs + prepaids$12,747Not just lender fees.
Before credits & paid funds$54,693The complete starting cash picture.
Estimated remaining funds due at closing
$54,693No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,946.07
Your down payment$41,946.07
Closing costs + prepaids$12,747.05
Total buyer cash needed$54,693.12
Remaining funds due$54,693.12
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)$579.75
Initial HOA (3 months)$315.00
Prepaid interest, first (31 days)$1,777.30
Fees + prepaids$12,747.05
Your down payment is the seller’s equity. You take over the $343,054 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $54,693.12 is due at closing. Uses and sources reconcile at $397,747.05 each. Not a Closing Disclosure.