Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$0Cash toward the purchase price.
Closing costs + prepaids$14,142Not just lender fees.
Before credits & paid funds$14,142The complete starting cash picture.
Estimated remaining funds due at closing
$14,142No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing−$3,894.53
Your down payment$0.00
Closing costs + prepaids$14,142.42
Total buyer cash needed$14,142.42
Remaining funds due$14,142.42
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)$300.00
Prepaid interest, first (7 days)$815.42
Fees + prepaids$14,142.42
Your down payment is the seller’s equity. You take over the $588,895 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $14,142.42 is due at closing. Not a Closing Disclosure.