Follow the dollars · Assumption only
A complete cash picture for Dec 20, 2026
Your down payment$54,403Cash toward the purchase price.
Closing costs + prepaids$14,288Not just lender fees.
Before credits & paid funds$68,691The complete starting cash picture.
Estimated remaining funds due at closing
$68,691No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$54,402.73
Your down payment$54,402.73
Closing costs + prepaids$14,288.00
Total buyer cash needed$68,690.73
Remaining funds due$68,690.73
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,890.00
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)$706.75
Prepaid interest, first (12 days)$1,216.25
Fees + prepaids$14,288.00
Your down payment is the seller’s equity. You take over the $534,597 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $68,690.73 is due at closing. Uses and sources reconcile at $603,288.00 each. Not a Closing Disclosure.