Follow the dollars · Assumption only
A complete cash picture for Nov 29, 2026
Your down payment$422,483Cash toward the purchase price.
Closing costs + prepaids$12,991Not just lender fees.
Before credits & paid funds$435,474The complete starting cash picture.
Estimated remaining funds due at closing
$435,474No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$422,483.31
Your down payment$422,483.31
Closing costs + prepaids$12,990.59
Total buyer cash needed$435,473.91
Remaining funds due$435,473.91
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,450.00
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)$842.75
Initial HOA (3 months)$207.00
Prepaid interest, first (2 days)$15.84
Fees + prepaids$12,990.59
Your down payment is the seller’s equity. You take over the $122,517 balance, so the rest of the $545,000 price is paid at closing. A second mortgage can cover part of it. $435,473.91 is due at closing. Uses and sources reconcile at $557,990.59 each. Not a Closing Disclosure.