Follow the dollars · Assumption only
A complete cash picture for Dec 11, 2026
Your down payment$38,297Cash toward the purchase price.
Closing costs + prepaids$12,503Not just lender fees.
Before credits & paid funds$50,800The complete starting cash picture.
Estimated remaining funds due at closing
$50,800No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$38,296.70
Your down payment$38,296.70
Closing costs + prepaids$12,502.94
Total buyer cash needed$50,799.64
Remaining funds due$50,799.64
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)$638.00
Initial HOA (3 months)$450.00
Prepaid interest, first (21 days)$1,389.94
Fees + prepaids$12,502.94
Your down payment is the seller’s equity. You take over the $341,703 balance, so the rest of the $380,000 price is paid at closing. A second mortgage can cover part of it. $50,799.64 is due at closing. Uses and sources reconcile at $392,502.94 each. Not a Closing Disclosure.