Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$119,652Cash toward the purchase price.
Closing costs + prepaids$12,969Not just lender fees.
Before credits & paid funds$132,621The complete starting cash picture.
Estimated remaining funds due at closing
$132,621No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,651.64
Your down payment$119,651.64
Closing costs + prepaids$12,968.93
Total buyer cash needed$132,620.57
Remaining funds due$132,620.57
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,240.00
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)$534.25
Prepaid interest, first (31 days)$1,969.68
Fees + prepaids$12,968.93
Your down payment is the seller’s equity. You take over the $304,348 balance, so the rest of the $424,000 price is paid at closing. A second mortgage can cover part of it. $132,620.57 is due at closing. Uses and sources reconcile at $436,968.93 each. Not a Closing Disclosure.