Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$15,157Cash toward the purchase price.
Closing costs + prepaids$12,972Not just lender fees.
Before credits & paid funds$28,129The complete starting cash picture.
Estimated remaining funds due at closing
$28,129No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$15,157.26
Your down payment$15,157.26
Closing costs + prepaids$12,971.91
Total buyer cash needed$28,129.16
Remaining funds due$28,129.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,400.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$648.00
Initial HOA (3 months)$90.00
Prepaid interest, first (6 days)$358.91
Fees + prepaids$12,971.91
Your down payment is the seller’s equity. You take over the $524,843 balance, so the rest of the $540,000 price is paid at closing. A second mortgage can cover part of it. $28,129.16 is due at closing. Uses and sources reconcile at $552,971.91 each. Not a Closing Disclosure.