Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$115,365Cash toward the purchase price.
Closing costs + prepaids$16,548Not just lender fees.
Before credits & paid funds$131,912The complete starting cash picture.
Estimated remaining funds due at closing
$131,912No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$115,364.64
Your down payment$115,364.64
Closing costs + prepaids$16,547.71
Total buyer cash needed$131,912.34
Remaining funds due$131,912.34
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,200.00
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)$1,550.00
Prepaid interest, first (25 days)$2,322.71
Fees + prepaids$16,547.71
Your down payment is the seller’s equity. You take over the $504,635 balance, so the rest of the $620,000 price is paid at closing. A second mortgage can cover part of it. $131,912.34 is due at closing. Uses and sources reconcile at $636,547.71 each. Not a Closing Disclosure.