Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$12,470Cash toward the purchase price.
Closing costs + prepaids$10,972Not just lender fees.
Before credits & paid funds$23,442The complete starting cash picture.
Estimated remaining funds due at closing
$23,442No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$12,470.27
Your down payment$12,470.27
Closing costs + prepaids$10,971.69
Total buyer cash needed$23,441.96
Remaining funds due$23,441.96
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,000.00
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)$388.75
Initial HOA (3 months)$285.00
Prepaid interest, first (1 days)$72.94
Fees + prepaids$10,971.69
Your down payment is the seller’s equity. You take over the $387,530 balance, so the rest of the $400,000 price is paid at closing. A second mortgage can cover part of it. $23,441.96 is due at closing. Uses and sources reconcile at $410,971.69 each. Not a Closing Disclosure.