Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$115,030Cash toward the purchase price.
Closing costs + prepaids$15,007Not just lender fees.
Before credits & paid funds$130,037The complete starting cash picture.
Estimated remaining funds due at closing
$130,037No 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$15,007.46
Total buyer cash needed$130,036.98
Remaining funds due$130,036.98
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 (31 days)$2,457.96
Fees + prepaids$15,007.46
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. $130,036.98 is due at closing. Uses and sources reconcile at $555,007.46 each. Not a Closing Disclosure.