Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$586,399Cash toward the purchase price.
Closing costs + prepaids$20,833Not just lender fees.
Before credits & paid funds$607,232The complete starting cash picture.
Estimated remaining funds due at closing
$607,232No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$586,398.95
Your down payment$586,398.95
Closing costs + prepaids$20,833.17
Total buyer cash needed$607,232.11
Remaining funds due$607,232.11
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$8,859.00
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)$2,214.75
Initial HOA (3 months)$1,320.00
Prepaid interest, first (25 days)$1,214.42
Fees + prepaids$20,833.17
Your down payment is the seller’s equity. You take over the $299,501 balance, so the rest of the $885,900 price is paid at closing. A second mortgage can cover part of it. $607,232.11 is due at closing. Uses and sources reconcile at $906,733.17 each. Not a Closing Disclosure.