Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$541,560Cash toward the purchase price.
Closing costs + prepaids$16,148Not just lender fees.
Before credits & paid funds$557,707The complete starting cash picture.
Estimated remaining funds due at closing
$557,707No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$541,559.68
Your down payment$541,559.68
Closing costs + prepaids$16,147.70
Total buyer cash needed$557,707.39
Remaining funds due$557,707.39
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,250.00
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)$1,562.50
Initial HOA (3 months)$1,638.00
Prepaid interest, first (24 days)$222.20
Fees + prepaids$16,147.70
Your down payment is the seller’s equity. You take over the $83,440 balance, so the rest of the $625,000 price is paid at closing. A second mortgage can cover part of it. $557,707.39 is due at closing. Uses and sources reconcile at $641,147.70 each. Not a Closing Disclosure.