Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$40,101Cash toward the purchase price.
Closing costs + prepaids$16,302Not just lender fees.
Before credits & paid funds$56,403The complete starting cash picture.
Estimated remaining funds due at closing
$56,403No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$40,100.59
Your down payment$40,100.59
Closing costs + prepaids$16,302.50
Total buyer cash needed$56,403.09
Remaining funds due$56,403.09
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,650.00
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)$1,412.50
Prepaid interest, first (29 days)$2,765.00
Fees + prepaids$16,302.50
Your down payment is the seller’s equity. You take over the $524,899 balance, so the rest of the $565,000 price is paid at closing. A second mortgage can cover part of it. $56,403.09 is due at closing. Uses and sources reconcile at $581,302.50 each. Not a Closing Disclosure.