Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$47,872Cash toward the purchase price.
Closing costs + prepaids$12,187Not just lender fees.
Before credits & paid funds$60,059The complete starting cash picture.
Estimated remaining funds due at closing
$60,059No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$47,871.76
Your down payment$47,871.76
Closing costs + prepaids$12,187.09
Total buyer cash needed$60,058.85
Remaining funds due$60,058.85
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,199.00
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
Initial HOA (3 months)$168.99
Prepaid interest, first (17 days)$1,069.10
Fees + prepaids$12,187.09
Your down payment is the seller’s equity. You take over the $372,028 balance, so the rest of the $419,900 price is paid at closing. A second mortgage can cover part of it. $60,058.85 is due at closing. Uses and sources reconcile at $432,087.09 each. Not a Closing Disclosure.