Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$12,663Cash toward the purchase price.
Closing costs + prepaids$12,341Not just lender fees.
Before credits & paid funds$25,004The complete starting cash picture.
Estimated remaining funds due at closing
$25,004No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$12,663.37
Your down payment$12,663.37
Closing costs + prepaids$12,341.10
Total buyer cash needed$25,004.47
Remaining funds due$25,004.47
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,600.00
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)$200.50
Initial HOA (3 months)$420.00
Prepaid interest, first (30 days)$1,895.60
Fees + prepaids$12,341.10
Your down payment is the seller’s equity. You take over the $347,337 balance, so the rest of the $360,000 price is paid at closing. A second mortgage can cover part of it. $25,004.47 is due at closing. Uses and sources reconcile at $372,341.10 each. Not a Closing Disclosure.