Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$120,272Cash toward the purchase price.
Closing costs + prepaids$15,485Not just lender fees.
Before credits & paid funds$135,757The complete starting cash picture.
Estimated remaining funds due at closing
$135,757No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,271.70
Your down payment$120,271.70
Closing costs + prepaids$15,485.33
Total buyer cash needed$135,757.02
Remaining funds due$135,757.02
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,845.00
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)$768.25
Initial HOA (3 months)$378.00
Prepaid interest, first (25 days)$2,019.08
Fees + prepaids$15,485.33
Your down payment is the seller’s equity. You take over the $464,228 balance, so the rest of the $584,500 price is paid at closing. A second mortgage can cover part of it. $135,757.02 is due at closing. Uses and sources reconcile at $599,985.33 each. Not a Closing Disclosure.