Follow the dollars · Assumption only
A complete cash picture for Dec 18, 2026
Your down payment$60,999Cash toward the purchase price.
Closing costs + prepaids$14,745Not just lender fees.
Before credits & paid funds$75,744The complete starting cash picture.
Estimated remaining funds due at closing
$75,744No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,998.87
Your down payment$60,998.87
Closing costs + prepaids$14,744.75
Total buyer cash needed$75,743.61
Remaining funds due$75,743.61
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)$718.75
Initial HOA (3 months)$555.00
Prepaid interest, first (14 days)$1,246.00
Fees + prepaids$14,744.75
Your down payment is the seller’s equity. You take over the $514,001 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $75,743.61 is due at closing. Uses and sources reconcile at $589,744.75 each. Not a Closing Disclosure.