Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$40,179Cash toward the purchase price.
Closing costs + prepaids$15,302Not just lender fees.
Before credits & paid funds$55,481The complete starting cash picture.
Estimated remaining funds due at closing
$55,481No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,179.24
Your down payment$40,179.24
Closing costs + prepaids$15,301.70
Total buyer cash needed$55,480.94
Remaining funds due$55,480.94
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,350.00
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)$762.00
Initial HOA (3 months)$381.00
Prepaid interest, first (12 days)$1,333.70
Fees + prepaids$15,301.70
Your down payment is the seller’s equity. You take over the $594,821 balance, so the rest of the $635,000 price is paid at closing. A second mortgage can cover part of it. $55,480.94 is due at closing. Uses and sources reconcile at $650,301.70 each. Not a Closing Disclosure.