Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$40,068Cash toward the purchase price.
Closing costs + prepaids$14,379Not just lender fees.
Before credits & paid funds$54,447The complete starting cash picture.
Estimated remaining funds due at closing
$54,447No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,067.63
Your down payment$40,067.63
Closing costs + prepaids$14,378.89
Total buyer cash needed$54,446.52
Remaining funds due$54,446.52
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,500.00
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)$1,012.50
Initial HOA (3 months)$357.00
Prepaid interest, first (30 days)$2,284.39
Fees + prepaids$14,378.89
Your down payment is the seller’s equity. You take over the $409,932 balance, so the rest of the $450,000 price is paid at closing. A second mortgage can cover part of it. $54,446.52 is due at closing. Uses and sources reconcile at $464,378.89 each. Not a Closing Disclosure.