Follow the dollars · Assumption only
A complete cash picture for Dec 14, 2026
Your down payment$398,579Cash toward the purchase price.
Closing costs + prepaids$13,971Not just lender fees.
Before credits & paid funds$412,551The complete starting cash picture.
Estimated remaining funds due at closing
$412,551No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$398,579.36
Your down payment$398,579.36
Closing costs + prepaids$13,971.36
Total buyer cash needed$412,550.71
Remaining funds due$412,550.71
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,750.00
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)$1,437.50
Prepaid interest, first (18 days)$308.86
Fees + prepaids$13,971.36
Your down payment is the seller’s equity. You take over the $176,421 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $412,550.71 is due at closing. Uses and sources reconcile at $588,971.36 each. Not a Closing Disclosure.