Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$553,025Cash toward the purchase price.
Closing costs + prepaids$28,905Not just lender fees.
Before credits & paid funds$581,930The complete starting cash picture.
Estimated remaining funds due at closing
$581,930No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$553,025.21
Your down payment$553,025.21
Closing costs + prepaids$28,904.64
Total buyer cash needed$581,929.85
Remaining funds due$581,929.85
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$15,250.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$3,812.50
Prepaid interest, first (28 days)$2,617.14
Fees + prepaids$28,904.64
Your down payment is the seller’s equity. You take over the $971,975 balance, so the rest of the $1,525,000 price is paid at closing. A second mortgage can cover part of it. $581,929.85 is due at closing. Uses and sources reconcile at $1,553,904.64 each. Not a Closing Disclosure.