Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$55,938Cash toward the purchase price.
Closing costs + prepaids$12,997Not just lender fees.
Before credits & paid funds$68,934The complete starting cash picture.
Estimated remaining funds due at closing
$68,934No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,937.60
Your down payment$55,937.60
Closing costs + prepaids$12,996.63
Total buyer cash needed$68,934.23
Remaining funds due$68,934.23
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,099.00
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)$794.50
Initial HOA (3 months)$375.00
Prepaid interest, first (31 days)$1,503.13
Fees + prepaids$12,996.63
Your down payment is the seller’s equity. You take over the $353,962 balance, so the rest of the $409,900 price is paid at closing. A second mortgage can cover part of it. $68,934.23 is due at closing. Uses and sources reconcile at $422,896.63 each. Not a Closing Disclosure.