Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$44,011Cash toward the purchase price.
Closing costs + prepaids$12,584Not just lender fees.
Before credits & paid funds$56,595The complete starting cash picture.
Estimated remaining funds due at closing
$56,595No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$44,010.85
Your down payment$44,010.85
Closing costs + prepaids$12,584.17
Total buyer cash needed$56,595.02
Remaining funds due$56,595.02
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,850.00
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)$800.50
Initial HOA (3 months)$156.00
Prepaid interest, first (30 days)$1,552.67
Fees + prepaids$12,584.17
Your down payment is the seller’s equity. You take over the $340,989 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $56,595.02 is due at closing. Uses and sources reconcile at $397,584.17 each. Not a Closing Disclosure.