Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$28,627Cash toward the purchase price.
Closing costs + prepaids$11,383Not just lender fees.
Before credits & paid funds$40,010The complete starting cash picture.
Estimated remaining funds due at closing
$40,010No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$28,626.50
Your down payment$28,626.50
Closing costs + prepaids$11,383.24
Total buyer cash needed$40,009.74
Remaining funds due$40,009.74
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,800.00
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)$456.00
Initial HOA (3 months)$372.00
Prepaid interest, first (9 days)$530.24
Fees + prepaids$11,383.24
Your down payment is the seller’s equity. You take over the $351,373 balance, so the rest of the $380,000 price is paid at closing. A second mortgage can cover part of it. $40,009.74 is due at closing. Uses and sources reconcile at $391,383.24 each. Not a Closing Disclosure.