Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$120,720Cash toward the purchase price.
Closing costs + prepaids$17,554Not just lender fees.
Before credits & paid funds$138,274The complete starting cash picture.
Estimated remaining funds due at closing
$138,274No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,719.92
Your down payment$120,719.92
Closing costs + prepaids$17,554.04
Total buyer cash needed$138,273.96
Remaining funds due$138,273.96
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,950.00
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)$620.25
Initial HOA (3 months)$2,042.01
Prepaid interest, first (28 days)$2,466.78
Fees + prepaids$17,554.04
Your down payment is the seller’s equity. You take over the $474,280 balance, so the rest of the $595,000 price is paid at closing. A second mortgage can cover part of it. $138,273.96 is due at closing. Uses and sources reconcile at $612,554.04 each. Not a Closing Disclosure.