Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$16,246Cash toward the purchase price.
Closing costs + prepaids$12,648Not just lender fees.
Before credits & paid funds$28,894The complete starting cash picture.
Estimated remaining funds due at closing
$28,894No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$16,245.73
Your down payment$16,245.73
Closing costs + prepaids$12,648.25
Total buyer cash needed$28,893.98
Remaining funds due$28,893.98
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,840.00
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)$484.50
Initial HOA (3 months)$744.00
Prepaid interest, first (27 days)$1,354.75
Fees + prepaids$12,648.25
Your down payment is the seller’s equity. You take over the $367,754 balance, so the rest of the $384,000 price is paid at closing. A second mortgage can cover part of it. $28,893.98 is due at closing. Uses and sources reconcile at $396,648.25 each. Not a Closing Disclosure.