Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$62,834Cash toward the purchase price.
Closing costs + prepaids$11,845Not just lender fees.
Before credits & paid funds$74,678The complete starting cash picture.
Estimated remaining funds due at closing
$74,678No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$62,833.70
Your down payment$62,833.70
Closing costs + prepaids$11,844.61
Total buyer cash needed$74,678.31
Remaining funds due$74,678.31
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)$1,317.25
Prepaid interest, first (2 days)$102.36
Fees + prepaids$11,844.61
Your down payment is the seller’s equity. You take over the $357,166 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $74,678.31 is due at closing. Uses and sources reconcile at $431,844.61 each. Not a Closing Disclosure.