Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$54,551Cash toward the purchase price.
Closing costs + prepaids$15,619Not just lender fees.
Before credits & paid funds$70,170The complete starting cash picture.
Estimated remaining funds due at closing
$70,170No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$54,551.01
Your down payment$54,551.01
Closing costs + prepaids$15,619.33
Total buyer cash needed$70,170.34
Remaining funds due$70,170.34
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,415.00
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)$1,195.50
Initial HOA (3 months)$300.00
Prepaid interest, first (28 days)$2,233.83
Fees + prepaids$15,619.33
Your down payment is the seller’s equity. You take over the $486,949 balance, so the rest of the $541,500 price is paid at closing. A second mortgage can cover part of it. $70,170.34 is due at closing. Uses and sources reconcile at $557,119.33 each. Not a Closing Disclosure.