Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$162,158Cash toward the purchase price.
Closing costs + prepaids$15,897Not just lender fees.
Before credits & paid funds$178,055The complete starting cash picture.
Estimated remaining funds due at closing
$178,055No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$162,157.51
Your down payment$162,157.51
Closing costs + prepaids$15,897.31
Total buyer cash needed$178,054.82
Remaining funds due$178,054.82
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)$1,462.50
Prepaid interest, first (29 days)$2,109.81
Fees + prepaids$15,897.31
Your down payment is the seller’s equity. You take over the $422,842 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $178,054.82 is due at closing. Uses and sources reconcile at $600,897.31 each. Not a Closing Disclosure.