Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$110,478Cash toward the purchase price.
Closing costs + prepaids$15,316Not just lender fees.
Before credits & paid funds$125,794The complete starting cash picture.
Estimated remaining funds due at closing
$125,794No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$110,477.91
Your down payment$110,477.91
Closing costs + prepaids$15,315.69
Total buyer cash needed$125,793.60
Remaining funds due$125,793.60
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,850.00
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)$503.25
Initial HOA (3 months)$90.00
Prepaid interest, first (27 days)$2,397.44
Fees + prepaids$15,315.69
Your down payment is the seller’s equity. You take over the $474,522 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $125,793.60 is due at closing. Uses and sources reconcile at $600,315.69 each. Not a Closing Disclosure.