Follow the dollars · Assumption only
A complete cash picture for Dec 24, 2026
Your down payment$254,222Cash toward the purchase price.
Closing costs + prepaids$13,573Not just lender fees.
Before credits & paid funds$267,795The complete starting cash picture.
Estimated remaining funds due at closing
$267,795No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$254,222.09
Your down payment$254,222.09
Closing costs + prepaids$13,573.25
Total buyer cash needed$267,795.34
Remaining funds due$267,795.34
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)$702.00
Initial HOA (3 months)$336.00
Prepaid interest, first (8 days)$210.25
Fees + prepaids$13,573.25
Your down payment is the seller’s equity. You take over the $330,778 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $267,795.34 is due at closing. Uses and sources reconcile at $598,573.25 each. Not a Closing Disclosure.