Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$575,376Cash toward the purchase price.
Closing costs + prepaids$13,269Not just lender fees.
Before credits & paid funds$588,645The complete starting cash picture.
Estimated remaining funds due at closing
$588,645No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$575,375.61
Your down payment$575,375.61
Closing costs + prepaids$13,268.89
Total buyer cash needed$588,644.50
Remaining funds due$588,644.50
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)$867.50
Prepaid interest, first (26 days)$36.39
Fees + prepaids$13,268.89
Your down payment is the seller’s equity. You take over the $13,624 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $588,644.50 is due at closing. Uses and sources reconcile at $602,268.89 each. Not a Closing Disclosure.