Follow the dollars · Assumption only
A complete cash picture for Dec 23, 2026
Your down payment$38,485Cash toward the purchase price.
Closing costs + prepaids$12,063Not just lender fees.
Before credits & paid funds$50,548The complete starting cash picture.
Estimated remaining funds due at closing
$50,548No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$38,484.90
Your down payment$38,484.90
Closing costs + prepaids$12,063.43
Total buyer cash needed$50,548.33
Remaining funds due$50,548.33
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$3,750.00
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)$450.00
Initial HOA (3 months)$1,119.00
Prepaid interest, first (9 days)$519.43
Fees + prepaids$12,063.43
Your down payment is the seller’s equity. You take over the $336,515 balance, so the rest of the $375,000 price is paid at closing. A second mortgage can cover part of it. $50,548.33 is due at closing. Uses and sources reconcile at $387,063.43 each. Not a Closing Disclosure.