Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$40,646Cash toward the purchase price.
Closing costs + prepaids$12,987Not just lender fees.
Before credits & paid funds$53,633The complete starting cash picture.
Estimated remaining funds due at closing
$53,633No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,646.15
Your down payment$40,646.15
Closing costs + prepaids$12,986.77
Total buyer cash needed$53,632.91
Remaining funds due$53,632.91
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,600.00
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)$1,237.00
Initial HOA (3 months)$300.00
Prepaid interest, first (30 days)$1,624.77
Fees + prepaids$12,986.77
Your down payment is the seller’s equity. You take over the $319,354 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $53,632.91 is due at closing. Uses and sources reconcile at $372,986.77 each. Not a Closing Disclosure.