Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$26,296Cash toward the purchase price.
Closing costs + prepaids$16,378Not just lender fees.
Before credits & paid funds$42,675The complete starting cash picture.
Estimated remaining funds due at closing
$42,675No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$26,296.40
Your down payment$26,296.40
Closing costs + prepaids$16,378.33
Total buyer cash needed$42,674.73
Remaining funds due$42,674.73
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,245.00
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)$607.00
Prepaid interest, first (29 days)$3,051.33
Fees + prepaids$16,378.33
Your down payment is the seller’s equity. You take over the $598,204 balance, so the rest of the $624,500 price is paid at closing. A second mortgage can cover part of it. $42,674.73 is due at closing. Uses and sources reconcile at $640,878.33 each. Not a Closing Disclosure.