Follow the dollars · Assumption only
A complete cash picture for Dec 28, 2026
Your down payment$409,403Cash toward the purchase price.
Closing costs + prepaids$11,903Not just lender fees.
Before credits & paid funds$421,306The complete starting cash picture.
Estimated remaining funds due at closing
$421,306No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$409,403.02
Your down payment$409,403.02
Closing costs + prepaids$11,903.24
Total buyer cash needed$421,306.26
Remaining funds due$421,306.26
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,500.00
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)$1,147.50
Prepaid interest, first (4 days)$30.74
Fees + prepaids$11,903.24
Your down payment is the seller’s equity. You take over the $40,597 balance, so the rest of the $450,000 price is paid at closing. A second mortgage can cover part of it. $421,306.26 is due at closing. Uses and sources reconcile at $461,903.24 each. Not a Closing Disclosure.