Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$562,503Cash toward the purchase price.
Closing costs + prepaids$15,768Not just lender fees.
Before credits & paid funds$578,271The complete starting cash picture.
Estimated remaining funds due at closing
$578,271No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$562,502.64
Your down payment$562,502.64
Closing costs + prepaids$15,767.99
Total buyer cash needed$578,270.63
Remaining funds due$578,270.63
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,750.00
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)$1,437.50
Initial HOA (3 months)$2,046.00
Prepaid interest, first (25 days)$59.49
Fees + prepaids$15,767.99
Your down payment is the seller’s equity. You take over the $12,497 balance, so the rest of the $575,000 price is paid at closing. A second mortgage can cover part of it. $578,270.63 is due at closing. Uses and sources reconcile at $590,767.99 each. Not a Closing Disclosure.