Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$385,002Cash toward the purchase price.
Closing costs + prepaids$16,409Not just lender fees.
Before credits & paid funds$401,410The complete starting cash picture.
Estimated remaining funds due at closing
$401,410No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$385,001.80
Your down payment$385,001.80
Closing costs + prepaids$16,408.53
Total buyer cash needed$401,410.33
Remaining funds due$401,410.33
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,450.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,612.50
Initial HOA (3 months)$1,830.00
Prepaid interest, first (2 days)$41.03
Fees + prepaids$16,408.53
Your down payment is the seller’s equity. You take over the $259,998 balance, so the rest of the $645,000 price is paid at closing. A second mortgage can cover part of it. $401,410.33 is due at closing. Uses and sources reconcile at $661,408.53 each. Not a Closing Disclosure.