Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$397,985Cash toward the purchase price.
Closing costs + prepaids$10,900Not just lender fees.
Before credits & paid funds$408,885The complete starting cash picture.
Estimated remaining funds due at closing
$408,885No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$397,985.33
Your down payment$397,985.33
Closing costs + prepaids$10,899.52
Total buyer cash needed$408,884.85
Remaining funds due$408,884.85
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,100.00
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)$492.00
Initial HOA (3 months)$56.25
Prepaid interest, first (12 days)$26.27
Fees + prepaids$10,899.52
Your down payment is the seller’s equity. You take over the $12,015 balance, so the rest of the $410,000 price is paid at closing. A second mortgage can cover part of it. $408,884.85 is due at closing. Uses and sources reconcile at $420,899.52 each. Not a Closing Disclosure.