Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$56,884Cash toward the purchase price.
Closing costs + prepaids$17,339Not just lender fees.
Before credits & paid funds$74,223The complete starting cash picture.
Estimated remaining funds due at closing
$74,223No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$56,883.59
Your down payment$56,883.59
Closing costs + prepaids$17,339.05
Total buyer cash needed$74,222.65
Remaining funds due$74,222.65
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,549.00
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)$1,637.25
Prepaid interest, first (24 days)$2,677.80
Fees + prepaids$17,339.05
Your down payment is the seller’s equity. You take over the $598,016 balance, so the rest of the $654,900 price is paid at closing. A second mortgage can cover part of it. $74,222.65 is due at closing. Uses and sources reconcile at $672,239.05 each. Not a Closing Disclosure.