Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$297,575Cash toward the purchase price.
Closing costs + prepaids$14,008Not just lender fees.
Before credits & paid funds$311,583The complete starting cash picture.
Estimated remaining funds due at closing
$311,583No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$297,575.22
Your down payment$297,575.22
Closing costs + prepaids$14,007.64
Total buyer cash needed$311,582.86
Remaining funds due$311,582.86
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)$990.75
Initial HOA (3 months)$8.76
Prepaid interest, first (25 days)$683.13
Fees + prepaids$14,007.64
Your down payment is the seller’s equity. You take over the $287,425 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $311,582.86 is due at closing. Uses and sources reconcile at $599,007.64 each. Not a Closing Disclosure.