Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$344,907Cash toward the purchase price.
Closing costs + prepaids$14,141Not just lender fees.
Before credits & paid funds$359,049The complete starting cash picture.
Estimated remaining funds due at closing
$359,049No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$344,907.45
Your down payment$344,907.45
Closing costs + prepaids$14,141.14
Total buyer cash needed$359,048.59
Remaining funds due$359,048.59
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,900.00
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)$968.75
Prepaid interest, first (25 days)$797.39
Fees + prepaids$14,141.14
Your down payment is the seller’s equity. You take over the $245,093 balance, so the rest of the $590,000 price is paid at closing. A second mortgage can cover part of it. $359,048.59 is due at closing. Uses and sources reconcile at $604,141.14 each. Not a Closing Disclosure.