Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$406,162Cash toward the purchase price.
Closing costs + prepaids$14,115Not just lender fees.
Before credits & paid funds$420,277The complete starting cash picture.
Estimated remaining funds due at closing
$420,277No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$406,162.33
Your down payment$406,162.33
Closing costs + prepaids$14,114.87
Total buyer cash needed$420,277.20
Remaining funds due$420,277.20
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,850.00
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)$1,398.75
Initial HOA (3 months)$360.99
Prepaid interest, first (1 days)$30.13
Fees + prepaids$14,114.87
Your down payment is the seller’s equity. You take over the $178,838 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $420,277.20 is due at closing. Uses and sources reconcile at $599,114.87 each. Not a Closing Disclosure.