Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$27,478Cash toward the purchase price.
Closing costs + prepaids$14,749Not just lender fees.
Before credits & paid funds$42,228The complete starting cash picture.
Estimated remaining funds due at closing
$42,228No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$27,478.48
Your down payment$27,478.48
Closing costs + prepaids$14,749.49
Total buyer cash needed$42,227.98
Remaining funds due$42,227.98
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,200.00
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)$744.00
Prepaid interest, first (12 days)$1,330.49
Fees + prepaids$14,749.49
Your down payment is the seller’s equity. You take over the $592,522 balance, so the rest of the $620,000 price is paid at closing. A second mortgage can cover part of it. $42,227.98 is due at closing. Uses and sources reconcile at $634,749.49 each. Not a Closing Disclosure.