Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$56,980Cash toward the purchase price.
Closing costs + prepaids$12,978Not just lender fees.
Before credits & paid funds$69,957The complete starting cash picture.
Estimated remaining funds due at closing
$69,957No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,979.80
Your down payment$56,979.80
Closing costs + prepaids$12,977.57
Total buyer cash needed$69,957.37
Remaining funds due$69,957.37
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)$548.50
Prepaid interest, first (31 days)$2,004.07
Fees + prepaids$12,977.57
Your down payment is the seller’s equity. You take over the $363,020 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $69,957.37 is due at closing. Uses and sources reconcile at $432,977.57 each. Not a Closing Disclosure.