Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$31,520Cash toward the purchase price.
Closing costs + prepaids$16,933Not just lender fees.
Before credits & paid funds$48,452The complete starting cash picture.
Estimated remaining funds due at closing
$48,452No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$31,519.65
Your down payment$31,519.65
Closing costs + prepaids$16,932.80
Total buyer cash needed$48,452.44
Remaining funds due$48,452.44
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)$1,462.50
Initial HOA (3 months)$360.00
Prepaid interest, first (28 days)$2,785.30
Fees + prepaids$16,932.80
Your down payment is the seller’s equity. You take over the $553,480 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $48,452.44 is due at closing. Uses and sources reconcile at $601,932.80 each. Not a Closing Disclosure.