Follow the dollars · Assumption only
A complete cash picture for Dec 25, 2026
Your down payment$597,451Cash toward the purchase price.
Closing costs + prepaids$21,471Not just lender fees.
Before credits & paid funds$618,922The complete starting cash picture.
Estimated remaining funds due at closing
$618,922No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$597,451.00
Your down payment$597,451.00
Closing costs + prepaids$21,471.30
Total buyer cash needed$618,922.30
Remaining funds due$618,922.30
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$11,880.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,425.50
Initial HOA (3 months)$165.00
Prepaid interest, first (7 days)$775.80
Fees + prepaids$21,471.30
Your down payment is the seller’s equity. You take over the $590,549 balance, so the rest of the $1,188,000 price is paid at closing. A second mortgage can cover part of it. $618,922.30 is due at closing. Uses and sources reconcile at $1,209,471.30 each. Not a Closing Disclosure.