Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$106,924Cash toward the purchase price.
Closing costs + prepaids$12,325Not just lender fees.
Before credits & paid funds$119,248The complete starting cash picture.
Estimated remaining funds due at closing
$119,248No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$106,923.75
Your down payment$106,923.75
Closing costs + prepaids$12,324.61
Total buyer cash needed$119,248.36
Remaining funds due$119,248.36
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)$566.00
Initial HOA (3 months)$150.00
Prepaid interest, first (30 days)$1,533.61
Fees + prepaids$12,324.61
Your down payment is the seller’s equity. You take over the $278,076 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $119,248.36 is due at closing. Uses and sources reconcile at $397,324.61 each. Not a Closing Disclosure.