Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$55,784Cash toward the purchase price.
Closing costs + prepaids$11,199Not just lender fees.
Before credits & paid funds$66,983The complete starting cash picture.
Estimated remaining funds due at closing
$66,983No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$55,783.64
Your down payment$55,783.64
Closing costs + prepaids$11,199.20
Total buyer cash needed$66,982.83
Remaining funds due$66,982.83
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,850.00
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)$462.00
Initial HOA (3 months)$176.76
Prepaid interest, first (9 days)$485.44
Fees + prepaids$11,199.20
Your down payment is the seller’s equity. You take over the $329,216 balance, so the rest of the $385,000 price is paid at closing. A second mortgage can cover part of it. $66,982.83 is due at closing. Uses and sources reconcile at $396,199.20 each. Not a Closing Disclosure.