Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$203,636Cash toward the purchase price.
Closing costs + prepaids$16,160Not just lender fees.
Before credits & paid funds$219,797The complete starting cash picture.
Estimated remaining funds due at closing
$219,797No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$203,636.43
Your down payment$203,636.43
Closing costs + prepaids$16,160.23
Total buyer cash needed$219,796.67
Remaining funds due$219,796.67
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,850.00
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)$1,462.50
Initial HOA (3 months)$1,470.00
Prepaid interest, first (24 days)$902.73
Fees + prepaids$16,160.23
Your down payment is the seller’s equity. You take over the $381,364 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $219,796.67 is due at closing. Uses and sources reconcile at $601,160.23 each. Not a Closing Disclosure.