Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$53,031Cash toward the purchase price.
Closing costs + prepaids$17,594Not just lender fees.
Before credits & paid funds$70,624The complete starting cash picture.
Estimated remaining funds due at closing
$70,624No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$53,030.70
Your down payment$53,030.70
Closing costs + prepaids$17,593.52
Total buyer cash needed$70,624.22
Remaining funds due$70,624.22
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,850.00
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)$1,042.00
Initial HOA (3 months)$258.00
Prepaid interest, first (27 days)$2,968.52
Fees + prepaids$17,593.52
Your down payment is the seller’s equity. You take over the $631,969 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $70,624.22 is due at closing. Uses and sources reconcile at $702,593.52 each. Not a Closing Disclosure.