Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$557,783Cash toward the purchase price.
Closing costs + prepaids$20,426Not just lender fees.
Before credits & paid funds$578,210The complete starting cash picture.
Estimated remaining funds due at closing
$578,210No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$557,783.06
Your down payment$557,783.06
Closing costs + prepaids$20,426.47
Total buyer cash needed$578,209.53
Remaining funds due$578,209.53
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$8,890.00
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)$2,222.50
Initial HOA (3 months)$222.00
Prepaid interest, first (27 days)$1,866.97
Fees + prepaids$20,426.47
Your down payment is the seller’s equity. You take over the $331,217 balance, so the rest of the $889,000 price is paid at closing. A second mortgage can cover part of it. $578,209.53 is due at closing. Uses and sources reconcile at $909,426.47 each. Not a Closing Disclosure.