Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$38,560Cash toward the purchase price.
Closing costs + prepaids$13,316Not just lender fees.
Before credits & paid funds$51,875The complete starting cash picture.
Estimated remaining funds due at closing
$51,875No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$38,559.77
Your down payment$38,559.77
Closing costs + prepaids$13,315.51
Total buyer cash needed$51,875.27
Remaining funds due$51,875.27
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,250.00
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)$452.50
Initial HOA (3 months)$225.00
Prepaid interest, first (30 days)$2,163.01
Fees + prepaids$13,315.51
Your down payment is the seller’s equity. You take over the $386,440 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $51,875.27 is due at closing. Uses and sources reconcile at $438,315.51 each. Not a Closing Disclosure.