Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$354,999Cash toward the purchase price.
Closing costs + prepaids$17,911Not just lender fees.
Before credits & paid funds$372,909The complete starting cash picture.
Estimated remaining funds due at closing
$372,909No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$354,998.68
Your down payment$354,998.68
Closing costs + prepaids$17,910.78
Total buyer cash needed$372,909.46
Remaining funds due$372,909.46
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$8,750.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,050.00
Initial HOA (3 months)$390.00
Prepaid interest, first (12 days)$495.78
Fees + prepaids$17,910.78
Your down payment is the seller’s equity. You take over the $520,001 balance, so the rest of the $875,000 price is paid at closing. A second mortgage can cover part of it. $372,909.46 is due at closing. Uses and sources reconcile at $892,910.78 each. Not a Closing Disclosure.