Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$90,299Cash toward the purchase price.
Closing costs + prepaids$14,013Not just lender fees.
Before credits & paid funds$104,313The complete starting cash picture.
Estimated remaining funds due at closing
$104,313No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$90,299.41
Your down payment$90,299.41
Closing costs + prepaids$14,013.39
Total buyer cash needed$104,312.80
Remaining funds due$104,312.80
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)$234.99
Prepaid interest, first (12 days)$751.40
Fees + prepaids$14,013.39
Your down payment is the seller’s equity. You take over the $494,701 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $104,312.80 is due at closing. Uses and sources reconcile at $599,013.39 each. Not a Closing Disclosure.