Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$571,015Cash toward the purchase price.
Closing costs + prepaids$17,997Not just lender fees.
Before credits & paid funds$589,013The complete starting cash picture.
Estimated remaining funds due at closing
$589,013No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$571,015.18
Your down payment$571,015.18
Closing costs + prepaids$17,997.40
Total buyer cash needed$589,012.58
Remaining funds due$589,012.58
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,200.00
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)$1,800.00
Initial HOA (3 months)$1,293.00
Prepaid interest, first (27 days)$479.40
Fees + prepaids$17,997.40
Your down payment is the seller’s equity. You take over the $148,985 balance, so the rest of the $720,000 price is paid at closing. A second mortgage can cover part of it. $589,012.58 is due at closing. Uses and sources reconcile at $737,997.40 each. Not a Closing Disclosure.