Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$173,715Cash toward the purchase price.
Closing costs + prepaids$15,101Not just lender fees.
Before credits & paid funds$188,815The complete starting cash picture.
Estimated remaining funds due at closing
$188,815No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$173,714.86
Your down payment$173,714.86
Closing costs + prepaids$15,100.61
Total buyer cash needed$188,815.47
Remaining funds due$188,815.47
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,850.00
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)$1,462.50
Initial HOA (3 months)$372.00
Prepaid interest, first (29 days)$941.11
Fees + prepaids$15,100.61
Your down payment is the seller’s equity. You take over the $411,285 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $188,815.47 is due at closing. Uses and sources reconcile at $600,100.61 each. Not a Closing Disclosure.