Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$62,893Cash toward the purchase price.
Closing costs + prepaids$13,458Not just lender fees.
Before credits & paid funds$76,351The complete starting cash picture.
Estimated remaining funds due at closing
$76,351No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$62,892.83
Your down payment$62,892.83
Closing costs + prepaids$13,458.48
Total buyer cash needed$76,351.31
Remaining funds due$76,351.31
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)$54.99
Prepaid interest, first (7 days)$376.49
Fees + prepaids$13,458.48
Your down payment is the seller’s equity. You take over the $522,107 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $76,351.31 is due at closing. Uses and sources reconcile at $598,458.48 each. Not a Closing Disclosure.