Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$28,098Cash toward the purchase price.
Closing costs + prepaids$10,721Not just lender fees.
Before credits & paid funds$38,819The complete starting cash picture.
Estimated remaining funds due at closing
$38,819No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,098.27
Your down payment$28,098.27
Closing costs + prepaids$10,721.22
Total buyer cash needed$38,819.49
Remaining funds due$38,819.49
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,855.00
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)$420.25
Initial HOA (3 months)$158.01
Prepaid interest, first (1 days)$62.96
Fees + prepaids$10,721.22
Your down payment is the seller’s equity. You take over the $357,402 balance, so the rest of the $385,500 price is paid at closing. A second mortgage can cover part of it. $38,819.49 is due at closing. Uses and sources reconcile at $396,221.22 each. Not a Closing Disclosure.