Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$80,420Cash toward the purchase price.
Closing costs + prepaids$14,903Not just lender fees.
Before credits & paid funds$95,322The complete starting cash picture.
Estimated remaining funds due at closing
$95,322No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$80,419.90
Your down payment$80,419.90
Closing costs + prepaids$14,902.56
Total buyer cash needed$95,322.47
Remaining funds due$95,322.47
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)$886.75
Initial HOA (3 months)$222.00
Prepaid interest, first (25 days)$1,468.81
Fees + prepaids$14,902.56
Your down payment is the seller’s equity. You take over the $504,580 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $95,322.47 is due at closing. Uses and sources reconcile at $599,902.56 each. Not a Closing Disclosure.