Follow the dollars · Assumption only
A complete cash picture for Dec 26, 2026
Your down payment$397,097Cash toward the purchase price.
Closing costs + prepaids$10,874Not just lender fees.
Before credits & paid funds$407,971The complete starting cash picture.
Estimated remaining funds due at closing
$407,971No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$397,096.74
Your down payment$397,096.74
Closing costs + prepaids$10,874.22
Total buyer cash needed$407,970.96
Remaining funds due$407,970.96
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,099.00
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)$492.00
Initial HOA (3 months)$43.74
Prepaid interest, first (6 days)$14.48
Fees + prepaids$10,874.22
Your down payment is the seller’s equity. You take over the $12,803 balance, so the rest of the $409,900 price is paid at closing. A second mortgage can cover part of it. $407,970.96 is due at closing. Uses and sources reconcile at $420,774.22 each. Not a Closing Disclosure.