Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$40,787Cash toward the purchase price.
Closing costs + prepaids$17,212Not just lender fees.
Before credits & paid funds$57,998The complete starting cash picture.
Estimated remaining funds due at closing
$57,998No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,786.65
Your down payment$40,786.65
Closing costs + prepaids$17,211.73
Total buyer cash needed$57,998.37
Remaining funds due$57,998.37
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,500.00
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)$1,233.75
Initial HOA (3 months)$249.00
Prepaid interest, first (25 days)$2,753.98
Fees + prepaids$17,211.73
Your down payment is the seller’s equity. You take over the $609,213 balance, so the rest of the $650,000 price is paid at closing. A second mortgage can cover part of it. $57,998.37 is due at closing. Uses and sources reconcile at $667,211.73 each. Not a Closing Disclosure.