Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$557,672Cash toward the purchase price.
Closing costs + prepaids$23,256Not just lender fees.
Before credits & paid funds$580,928The complete starting cash picture.
Estimated remaining funds due at closing
$580,928No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$557,671.81
Your down payment$557,671.81
Closing costs + prepaids$23,255.73
Total buyer cash needed$580,927.54
Remaining funds due$580,927.54
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$11,495.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,873.75
Prepaid interest, first (25 days)$1,661.98
Fees + prepaids$23,255.73
Your down payment is the seller’s equity. You take over the $591,828 balance, so the rest of the $1,149,500 price is paid at closing. A second mortgage can cover part of it. $580,927.54 is due at closing. Uses and sources reconcile at $1,172,755.73 each. Not a Closing Disclosure.