Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$44,689Cash toward the purchase price.
Closing costs + prepaids$16,360Not just lender fees.
Before credits & paid funds$61,049The complete starting cash picture.
Estimated remaining funds due at closing
$61,049No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$44,689.00
Your down payment$44,689.00
Closing costs + prepaids$16,360.31
Total buyer cash needed$61,049.32
Remaining funds due$61,049.32
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)$1,740.25
Prepaid interest, first (24 days)$2,295.06
Fees + prepaids$16,360.31
Your down payment is the seller’s equity. You take over the $540,311 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $61,049.32 is due at closing. Uses and sources reconcile at $601,360.31 each. Not a Closing Disclosure.