Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$472,884Cash toward the purchase price.
Closing costs + prepaids$13,808Not just lender fees.
Before credits & paid funds$486,692The complete starting cash picture.
Estimated remaining funds due at closing
$486,692No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$472,883.87
Your down payment$472,883.87
Closing costs + prepaids$13,808.45
Total buyer cash needed$486,692.31
Remaining funds due$486,692.31
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)$1,462.50
Prepaid interest, first (2 days)$20.95
Fees + prepaids$13,808.45
Your down payment is the seller’s equity. You take over the $112,116 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $486,692.31 is due at closing. Uses and sources reconcile at $598,808.45 each. Not a Closing Disclosure.