Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$8,640Cash toward the purchase price.
Closing costs + prepaids$13,224Not just lender fees.
Before credits & paid funds$21,864The complete starting cash picture.
Estimated remaining funds due at closing
$21,864No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$8,639.80
Your down payment$8,639.80
Closing costs + prepaids$13,224.18
Total buyer cash needed$21,863.98
Remaining funds due$21,863.98
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)$50.01
Prepaid interest, first (7 days)$651.17
Fees + prepaids$13,224.18
Your down payment is the seller’s equity. You take over the $531,360 balance, so the rest of the $540,000 price is paid at closing. A second mortgage can cover part of it. $21,863.98 is due at closing. Uses and sources reconcile at $553,224.18 each. Not a Closing Disclosure.