Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$28,101Cash toward the purchase price.
Closing costs + prepaids$12,079Not just lender fees.
Before credits & paid funds$40,180The complete starting cash picture.
Estimated remaining funds due at closing
$40,180No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,101.32
Your down payment$28,101.32
Closing costs + prepaids$12,078.75
Total buyer cash needed$40,180.08
Remaining funds due$40,180.08
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,750.00
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)$521.25
Initial HOA (3 months)$243.00
Prepaid interest, first (27 days)$1,339.50
Fees + prepaids$12,078.75
Your down payment is the seller’s equity. You take over the $346,899 balance, so the rest of the $375,000 price is paid at closing. A second mortgage can cover part of it. $40,180.08 is due at closing. Uses and sources reconcile at $387,078.75 each. Not a Closing Disclosure.