Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$40,753Cash toward the purchase price.
Closing costs + prepaids$11,653Not just lender fees.
Before credits & paid funds$52,406The complete starting cash picture.
Estimated remaining funds due at closing
$52,406No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,752.98
Your down payment$40,752.98
Closing costs + prepaids$11,652.93
Total buyer cash needed$52,405.91
Remaining funds due$52,405.91
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,890.00
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)$466.75
Initial HOA (3 months)$198.75
Prepaid interest, first (12 days)$872.43
Fees + prepaids$11,652.93
Your down payment is the seller’s equity. You take over the $348,247 balance, so the rest of the $389,000 price is paid at closing. A second mortgage can cover part of it. $52,405.91 is due at closing. Uses and sources reconcile at $400,652.93 each. Not a Closing Disclosure.