Follow the dollars · Assumption only
A complete cash picture for Dec 16, 2026
Your down payment$103,756Cash toward the purchase price.
Closing costs + prepaids$14,441Not just lender fees.
Before credits & paid funds$118,197The complete starting cash picture.
Estimated remaining funds due at closing
$118,197No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$103,755.92
Your down payment$103,755.92
Closing costs + prepaids$14,441.32
Total buyer cash needed$118,197.24
Remaining funds due$118,197.24
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,890.00
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)$736.25
Prepaid interest, first (16 days)$1,340.07
Fees + prepaids$14,441.32
Your down payment is the seller’s equity. You take over the $485,244 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $118,197.24 is due at closing. Uses and sources reconcile at $603,441.32 each. Not a Closing Disclosure.