Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$40,179Cash toward the purchase price.
Closing costs + prepaids$17,470Not just lender fees.
Before credits & paid funds$57,649The complete starting cash picture.
Estimated remaining funds due at closing
$57,649No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,178.82
Your down payment$40,178.82
Closing costs + prepaids$17,470.37
Total buyer cash needed$57,649.19
Remaining funds due$57,649.19
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,250.00
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)$1,562.50
Prepaid interest, first (29 days)$3,182.87
Fees + prepaids$17,470.37
Your down payment is the seller’s equity. You take over the $584,821 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $57,649.19 is due at closing. Uses and sources reconcile at $642,470.37 each. Not a Closing Disclosure.