Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$197Cash toward the purchase price.
Closing costs + prepaids$12,778Not just lender fees.
Before credits & paid funds$12,975The complete starting cash picture.
Estimated remaining funds due at closing
$12,975No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$197.15
Your down payment$197.15
Closing costs + prepaids$12,777.90
Total buyer cash needed$12,975.05
Remaining funds due$12,975.05
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,950.00
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)$820.50
Initial HOA (3 months)$255.00
Prepaid interest, first (27 days)$1,527.40
Fees + prepaids$12,777.90
Your down payment is the seller’s equity. You take over the $394,803 balance, so the rest of the $395,000 price is paid at closing. A second mortgage can cover part of it. $12,975.05 is due at closing. Uses and sources reconcile at $407,777.90 each. Not a Closing Disclosure.