Follow the dollars · Assumption only
A complete cash picture for Dec 2, 2026
Your down payment$119,529Cash toward the purchase price.
Closing costs + prepaids$15,684Not just lender fees.
Before credits & paid funds$135,213The complete starting cash picture.
Estimated remaining funds due at closing
$135,213No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,529.03
Your down payment$119,529.03
Closing costs + prepaids$15,684.13
Total buyer cash needed$135,213.16
Remaining funds due$135,213.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,890.00
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)$640.00
Initial HOA (3 months)$171.00
Prepaid interest, first (30 days)$2,508.13
Fees + prepaids$15,684.13
Your down payment is the seller’s equity. You take over the $469,471 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $135,213.16 is due at closing. Uses and sources reconcile at $604,684.13 each. Not a Closing Disclosure.