Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$394,346Cash toward the purchase price.
Closing costs + prepaids$14,710Not just lender fees.
Before credits & paid funds$409,056The complete starting cash picture.
Estimated remaining funds due at closing
$409,056No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$394,345.57
Your down payment$394,345.57
Closing costs + prepaids$14,710.03
Total buyer cash needed$409,055.59
Remaining funds due$409,055.59
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
Initial HOA (3 months)$453.00
Prepaid interest, first (28 days)$594.53
Fees + prepaids$14,710.03
Your down payment is the seller’s equity. You take over the $180,654 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $409,055.59 is due at closing. Uses and sources reconcile at $589,710.03 each. Not a Closing Disclosure.