Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$447,341Cash toward the purchase price.
Closing costs + prepaids$14,057Not just lender fees.
Before credits & paid funds$461,398The complete starting cash picture.
Estimated remaining funds due at closing
$461,398No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$447,340.77
Your down payment$447,340.77
Closing costs + prepaids$14,056.84
Total buyer cash needed$461,397.62
Remaining funds due$461,397.62
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 (25 days)$394.34
Fees + prepaids$14,056.84
Your down payment is the seller’s equity. You take over the $127,659 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $461,397.62 is due at closing. Uses and sources reconcile at $589,056.84 each. Not a Closing Disclosure.