Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$397,275Cash toward the purchase price.
Closing costs + prepaids$13,680Not just lender fees.
Before credits & paid funds$410,955The complete starting cash picture.
Estimated remaining funds due at closing
$410,955No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$397,274.98
Your down payment$397,274.98
Closing costs + prepaids$13,680.05
Total buyer cash needed$410,955.04
Remaining funds due$410,955.04
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)$763.25
Initial HOA (3 months)$135.00
Prepaid interest, first (23 days)$416.80
Fees + prepaids$13,680.05
Your down payment is the seller’s equity. You take over the $191,725 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $410,955.04 is due at closing. Uses and sources reconcile at $602,680.05 each. Not a Closing Disclosure.