Follow the dollars · Assumption only
A complete cash picture for Dec 28, 2026
Your down payment$19,583Cash toward the purchase price.
Closing costs + prepaids$12,005Not just lender fees.
Before credits & paid funds$31,587The complete starting cash picture.
Estimated remaining funds due at closing
$31,587No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$19,582.67
Your down payment$19,582.67
Closing costs + prepaids$12,004.53
Total buyer cash needed$31,587.20
Remaining funds due$31,587.20
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,250.00
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)$1,083.75
Initial HOA (3 months)$156.99
Prepaid interest, first (4 days)$288.79
Fees + prepaids$12,004.53
Your down payment is the seller’s equity. You take over the $405,417 balance, so the rest of the $425,000 price is paid at closing. A second mortgage can cover part of it. $31,587.20 is due at closing. Uses and sources reconcile at $437,004.53 each. Not a Closing Disclosure.