Follow the dollars · Assumption only
A complete cash picture for Dec 15, 2026
Your down payment$61,425Cash toward the purchase price.
Closing costs + prepaids$14,806Not just lender fees.
Before credits & paid funds$76,231The complete starting cash picture.
Estimated remaining funds due at closing
$76,231No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$61,424.65
Your down payment$61,424.65
Closing costs + prepaids$14,805.94
Total buyer cash needed$76,230.59
Remaining funds due$76,230.59
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,899.00
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)$737.50
Initial HOA (3 months)$143.76
Prepaid interest, first (17 days)$1,550.68
Fees + prepaids$14,805.94
Your down payment is the seller’s equity. You take over the $528,475 balance, so the rest of the $589,900 price is paid at closing. A second mortgage can cover part of it. $76,230.59 is due at closing. Uses and sources reconcile at $604,705.94 each. Not a Closing Disclosure.