Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$11,810Cash toward the purchase price.
Closing costs + prepaids$16,959Not just lender fees.
Before credits & paid funds$28,768The complete starting cash picture.
Estimated remaining funds due at closing
$28,768No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$11,809.86
Your down payment$11,809.86
Closing costs + prepaids$16,958.60
Total buyer cash needed$28,768.45
Remaining funds due$28,768.45
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,890.00
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)$1,472.50
Prepaid interest, first (27 days)$3,121.10
Fees + prepaids$16,958.60
Your down payment is the seller’s equity. You take over the $577,190 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $28,768.45 is due at closing. Uses and sources reconcile at $605,958.60 each. Not a Closing Disclosure.