Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$102,499Cash toward the purchase price.
Closing costs + prepaids$12,064Not just lender fees.
Before credits & paid funds$114,563The complete starting cash picture.
Estimated remaining funds due at closing
$114,563No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$102,499.10
Your down payment$102,499.10
Closing costs + prepaids$12,064.32
Total buyer cash needed$114,563.42
Remaining funds due$114,563.42
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)$964.25
Initial HOA (3 months)$336.00
Prepaid interest, first (29 days)$689.07
Fees + prepaids$12,064.32
Your down payment is the seller’s equity. You take over the $282,501 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $114,563.42 is due at closing. Uses and sources reconcile at $397,064.32 each. Not a Closing Disclosure.