Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$16,197Cash toward the purchase price.
Closing costs + prepaids$13,160Not just lender fees.
Before credits & paid funds$29,358The complete starting cash picture.
Estimated remaining funds due at closing
$29,358No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$16,197.38
Your down payment$16,197.38
Closing costs + prepaids$13,160.47
Total buyer cash needed$29,357.86
Remaining funds due$29,357.86
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,050.00
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)$496.75
Initial HOA (3 months)$456.00
Prepaid interest, first (27 days)$1,932.72
Fees + prepaids$13,160.47
Your down payment is the seller’s equity. You take over the $388,803 balance, so the rest of the $405,000 price is paid at closing. A second mortgage can cover part of it. $29,357.86 is due at closing. Uses and sources reconcile at $418,160.47 each. Not a Closing Disclosure.