Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$20,228Cash toward the purchase price.
Closing costs + prepaids$12,174Not just lender fees.
Before credits & paid funds$32,402The complete starting cash picture.
Estimated remaining funds due at closing
$32,402No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,227.58
Your down payment$20,227.58
Closing costs + prepaids$12,174.23
Total buyer cash needed$32,401.81
Remaining funds due$32,401.81
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,800.00
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)$969.00
Initial HOA (3 months)$852.00
Prepaid interest, first (5 days)$328.23
Fees + prepaids$12,174.23
Your down payment is the seller’s equity. You take over the $359,772 balance, so the rest of the $380,000 price is paid at closing. A second mortgage can cover part of it. $32,401.81 is due at closing. Uses and sources reconcile at $392,174.23 each. Not a Closing Disclosure.