Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$20,987Cash toward the purchase price.
Closing costs + prepaids$16,911Not just lender fees.
Before credits & paid funds$37,898The complete starting cash picture.
Estimated remaining funds due at closing
$37,898No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$20,986.56
Your down payment$20,986.56
Closing costs + prepaids$16,911.31
Total buyer cash needed$37,897.87
Remaining funds due$37,897.87
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,900.00
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)$1,927.75
Initial HOA (3 months)$113.01
Prepaid interest, first (23 days)$2,495.55
Fees + prepaids$16,911.31
Your down payment is the seller’s equity. You take over the $569,013 balance, so the rest of the $590,000 price is paid at closing. A second mortgage can cover part of it. $37,897.87 is due at closing. Uses and sources reconcile at $606,911.31 each. Not a Closing Disclosure.