Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$220,595Cash toward the purchase price.
Closing costs + prepaids$15,464Not just lender fees.
Before credits & paid funds$236,059The complete starting cash picture.
Estimated remaining funds due at closing
$236,059No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$220,595.14
Your down payment$220,595.14
Closing costs + prepaids$15,463.56
Total buyer cash needed$236,058.70
Remaining funds due$236,058.70
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,750.00
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)$1,437.50
Prepaid interest, first (27 days)$1,801.06
Fees + prepaids$15,463.56
Your down payment is the seller’s equity. You take over the $354,405 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $236,058.70 is due at closing. Uses and sources reconcile at $590,463.56 each. Not a Closing Disclosure.