Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$37,607Cash toward the purchase price.
Closing costs + prepaids$16,893Not just lender fees.
Before credits & paid funds$54,500The complete starting cash picture.
Estimated remaining funds due at closing
$54,500No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$37,606.67
Your down payment$37,606.67
Closing costs + prepaids$16,893.27
Total buyer cash needed$54,499.94
Remaining funds due$54,499.94
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)$144.00
Prepaid interest, first (29 days)$2,961.77
Fees + prepaids$16,893.27
Your down payment is the seller’s equity. You take over the $547,393 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $54,499.94 is due at closing. Uses and sources reconcile at $601,893.27 each. Not a Closing Disclosure.