Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$108,538Cash toward the purchase price.
Closing costs + prepaids$15,927Not just lender fees.
Before credits & paid funds$124,465The complete starting cash picture.
Estimated remaining funds due at closing
$124,465No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$108,537.67
Your down payment$108,537.67
Closing costs + prepaids$15,927.44
Total buyer cash needed$124,465.11
Remaining funds due$124,465.11
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,249.00
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)$576.50
Initial HOA (3 months)$291.00
Prepaid interest, first (24 days)$2,335.94
Fees + prepaids$15,927.44
Your down payment is the seller’s equity. You take over the $516,362 balance, so the rest of the $624,900 price is paid at closing. A second mortgage can cover part of it. $124,465.11 is due at closing. Uses and sources reconcile at $640,827.44 each. Not a Closing Disclosure.