Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$103,375Cash toward the purchase price.
Closing costs + prepaids$11,597Not just lender fees.
Before credits & paid funds$114,972The complete starting cash picture.
Estimated remaining funds due at closing
$114,972No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$103,375.18
Your down payment$103,375.18
Closing costs + prepaids$11,596.75
Total buyer cash needed$114,971.93
Remaining funds due$114,971.93
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,050.00
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)$174.75
Prepaid interest, first (20 days)$1,147.00
Fees + prepaids$11,596.75
Your down payment is the seller’s equity. You take over the $301,625 balance, so the rest of the $405,000 price is paid at closing. A second mortgage can cover part of it. $114,971.93 is due at closing. Uses and sources reconcile at $416,596.75 each. Not a Closing Disclosure.