Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$0Cash toward the purchase price.
Closing costs + prepaids$12,375Not just lender fees.
Before credits & paid funds$12,375The complete starting cash picture.
Estimated remaining funds due at closing
$12,375No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing−$1,654.67
Your down payment$0.00
Closing costs + prepaids$12,374.71
Total buyer cash needed$12,374.71
Remaining funds due$12,374.71
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,600.00
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)$312.25
Initial HOA (3 months)$201.00
Prepaid interest, first (31 days)$2,036.46
Fees + prepaids$12,374.71
Your down payment is the seller’s equity. You take over the $361,655 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $12,374.71 is due at closing. Not a Closing Disclosure.