Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$48,044Cash toward the purchase price.
Closing costs + prepaids$12,086Not just lender fees.
Before credits & paid funds$60,131The complete starting cash picture.
Estimated remaining funds due at closing
$60,131No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$48,044.41
Your down payment$48,044.41
Closing costs + prepaids$12,086.45
Total buyer cash needed$60,130.87
Remaining funds due$60,130.87
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,200.00
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)$525.00
Prepaid interest, first (17 days)$1,136.45
Fees + prepaids$12,086.45
Your down payment is the seller’s equity. You take over the $371,956 balance, so the rest of the $420,000 price is paid at closing. A second mortgage can cover part of it. $60,130.87 is due at closing. Uses and sources reconcile at $432,086.45 each. Not a Closing Disclosure.