Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$186,987Cash toward the purchase price.
Closing costs + prepaids$15,293Not just lender fees.
Before credits & paid funds$202,280The complete starting cash picture.
Estimated remaining funds due at closing
$202,280No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$186,987.50
Your down payment$186,987.50
Closing costs + prepaids$15,292.64
Total buyer cash needed$202,280.14
Remaining funds due$202,280.14
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)$1,030.50
Initial HOA (3 months)$60.00
Prepaid interest, first (24 days)$1,837.14
Fees + prepaids$15,292.64
Your down payment is the seller’s equity. You take over the $402,013 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $202,280.14 is due at closing. Uses and sources reconcile at $604,292.64 each. Not a Closing Disclosure.