Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$41,572Cash toward the purchase price.
Closing costs + prepaids$17,130Not just lender fees.
Before credits & paid funds$58,703The complete starting cash picture.
Estimated remaining funds due at closing
$58,703No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,572.50
Your down payment$41,572.50
Closing costs + prepaids$17,130.15
Total buyer cash needed$58,702.65
Remaining funds due$58,702.65
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 (26 days)$2,842.65
Fees + prepaids$17,130.15
Your down payment is the seller’s equity. You take over the $583,428 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $58,702.65 is due at closing. Uses and sources reconcile at $642,130.15 each. Not a Closing Disclosure.