Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$44,849Cash toward the purchase price.
Closing costs + prepaids$14,422Not just lender fees.
Before credits & paid funds$59,271The complete starting cash picture.
Estimated remaining funds due at closing
$59,271No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$44,849.10
Your down payment$44,849.10
Closing costs + prepaids$14,422.09
Total buyer cash needed$59,271.19
Remaining funds due$59,271.19
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,850.00
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)$702.00
Initial HOA (3 months)$255.00
Prepaid interest, first (12 days)$1,140.09
Fees + prepaids$14,422.09
Your down payment is the seller’s equity. You take over the $540,151 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $59,271.19 is due at closing. Uses and sources reconcile at $599,422.09 each. Not a Closing Disclosure.