Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$28,518Cash toward the purchase price.
Closing costs + prepaids$12,293Not just lender fees.
Before credits & paid funds$40,812The complete starting cash picture.
Estimated remaining funds due at closing
$40,812No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,518.33
Your down payment$28,518.33
Closing costs + prepaids$12,293.33
Total buyer cash needed$40,811.66
Remaining funds due$40,811.66
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,855.00
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)$420.25
Initial HOA (3 months)$158.01
Prepaid interest, first (26 days)$1,635.07
Fees + prepaids$12,293.33
Your down payment is the seller’s equity. You take over the $356,982 balance, so the rest of the $385,500 price is paid at closing. A second mortgage can cover part of it. $40,811.66 is due at closing. Uses and sources reconcile at $397,793.33 each. Not a Closing Disclosure.