Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$119,375Cash toward the purchase price.
Closing costs + prepaids$12,098Not just lender fees.
Before credits & paid funds$131,473The complete starting cash picture.
Estimated remaining funds due at closing
$131,473No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,374.96
Your down payment$119,374.96
Closing costs + prepaids$12,097.63
Total buyer cash needed$131,472.59
Remaining funds due$131,472.59
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,150.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$399.25
Prepaid interest, first (1 days)$73.38
Fees + prepaids$12,097.63
Your down payment is the seller’s equity. You take over the $395,625 balance, so the rest of the $515,000 price is paid at closing. A second mortgage can cover part of it. $131,472.59 is due at closing. Uses and sources reconcile at $527,097.63 each. Not a Closing Disclosure.