Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$575,000Cash toward the purchase price.
Closing costs + prepaids$13,844Not just lender fees.
Before credits & paid funds$588,844The complete starting cash picture.
Estimated remaining funds due at closing
$588,844No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$575,000.00
Your down payment$575,000.00
Closing costs + prepaids$13,843.50
Total buyer cash needed$588,843.50
Remaining funds due$588,843.50
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$763.00
Credit report$200.00
Tax service$80.00
UMe assumption specialist (1%)$5,750.00
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)$1,437.50
Initial HOA (3 months)$1,188.00
Fees + prepaids$13,843.50
Your down payment is the seller’s equity. You take over the $0 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $588,843.50 is due at closing. Uses and sources reconcile at $588,843.50 each. Not a Closing Disclosure.