Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$391,125Cash toward the purchase price.
Closing costs + prepaids$14,265Not just lender fees.
Before credits & paid funds$405,390The complete starting cash picture.
Estimated remaining funds due at closing
$405,390No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$391,125.22
Your down payment$391,125.22
Closing costs + prepaids$14,264.85
Total buyer cash needed$405,390.08
Remaining funds due$405,390.08
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,400.00
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)$648.00
Initial HOA (3 months)$1,503.00
Prepaid interest, first (12 days)$238.85
Fees + prepaids$14,264.85
Your down payment is the seller’s equity. You take over the $148,875 balance, so the rest of the $540,000 price is paid at closing. A second mortgage can cover part of it. $405,390.08 is due at closing. Uses and sources reconcile at $554,264.85 each. Not a Closing Disclosure.