Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$60,517Cash toward the purchase price.
Closing costs + prepaids$15,973Not just lender fees.
Before credits & paid funds$76,491The complete starting cash picture.
Estimated remaining funds due at closing
$76,491No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,517.48
Your down payment$60,517.48
Closing costs + prepaids$15,973.49
Total buyer cash needed$76,490.97
Remaining funds due$76,490.97
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,549.00
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)$1,943.25
Prepaid interest, first (23 days)$2,006.24
Fees + prepaids$15,973.49
Your down payment is the seller’s equity. You take over the $494,383 balance, so the rest of the $554,900 price is paid at closing. A second mortgage can cover part of it. $76,490.97 is due at closing. Uses and sources reconcile at $570,873.49 each. Not a Closing Disclosure.