Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$119,529Cash toward the purchase price.
Closing costs + prepaids$15,015Not just lender fees.
Before credits & paid funds$134,544The complete starting cash picture.
Estimated remaining funds due at closing
$134,544No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,529.03
Your down payment$119,529.03
Closing costs + prepaids$15,015.30
Total buyer cash needed$134,544.33
Remaining funds due$134,544.33
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,890.00
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)$640.00
Initial HOA (3 months)$171.00
Prepaid interest, first (22 days)$1,839.30
Fees + prepaids$15,015.30
Your down payment is the seller’s equity. You take over the $469,471 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $134,544.33 is due at closing. Uses and sources reconcile at $604,015.30 each. Not a Closing Disclosure.