Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$20,860Cash toward the purchase price.
Closing costs + prepaids$12,535Not just lender fees.
Before credits & paid funds$33,395The complete starting cash picture.
Estimated remaining funds due at closing
$33,395No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,860.20
Your down payment$20,860.20
Closing costs + prepaids$12,535.11
Total buyer cash needed$33,395.31
Remaining funds due$33,395.31
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,200.00
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)$1,302.00
Initial HOA (3 months)$732.00
Prepaid interest, first (1 days)$76.11
Fees + prepaids$12,535.11
Your down payment is the seller’s equity. You take over the $399,140 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $33,395.31 is due at closing. Uses and sources reconcile at $432,535.11 each. Not a Closing Disclosure.