Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$12,074Cash toward the purchase price.
Closing costs + prepaids$11,229Not just lender fees.
Before credits & paid funds$23,303The complete starting cash picture.
Estimated remaining funds due at closing
$23,303No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$12,074.00
Your down payment$12,074.00
Closing costs + prepaids$11,229.32
Total buyer cash needed$23,303.32
Remaining funds due$23,303.32
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,750.00
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)$468.75
Initial HOA (3 months)$150.00
Prepaid interest, first (17 days)$635.57
Fees + prepaids$11,229.32
Your down payment is the seller’s equity. You take over the $362,926 balance, so the rest of the $375,000 price is paid at closing. A second mortgage can cover part of it. $23,303.32 is due at closing. Uses and sources reconcile at $386,229.32 each. Not a Closing Disclosure.