Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$185,513Cash toward the purchase price.
Closing costs + prepaids$13,848Not just lender fees.
Before credits & paid funds$199,361The complete starting cash picture.
Estimated remaining funds due at closing
$199,361No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$185,512.97
Your down payment$185,512.97
Closing costs + prepaids$13,848.13
Total buyer cash needed$199,361.10
Remaining funds due$199,361.10
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 (1 days)$60.63
Fees + prepaids$13,848.13
Your down payment is the seller’s equity. You take over the $399,487 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $199,361.10 is due at closing. Uses and sources reconcile at $598,848.13 each. Not a Closing Disclosure.