Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$391,305Cash toward the purchase price.
Closing costs + prepaids$11,294Not just lender fees.
Before credits & paid funds$402,600The complete starting cash picture.
Estimated remaining funds due at closing
$402,600No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$391,305.49
Your down payment$391,305.49
Closing costs + prepaids$11,294.21
Total buyer cash needed$402,599.70
Remaining funds due$402,599.70
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,000.00
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)$480.00
Initial HOA (3 months)$570.00
Prepaid interest, first (12 days)$19.21
Fees + prepaids$11,294.21
Your down payment is the seller’s equity. You take over the $8,695 balance, so the rest of the $400,000 price is paid at closing. A second mortgage can cover part of it. $402,599.70 is due at closing. Uses and sources reconcile at $411,294.21 each. Not a Closing Disclosure.