Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$45,953Cash toward the purchase price.
Closing costs + prepaids$14,047Not just lender fees.
Before credits & paid funds$60,000The complete starting cash picture.
Estimated remaining funds due at closing
$60,000No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$45,952.50
Your down payment$45,952.50
Closing costs + prepaids$14,047.04
Total buyer cash needed$59,999.54
Remaining funds due$59,999.54
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,799.00
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)$696.00
Initial HOA (3 months)$93.99
Prepaid interest, first (10 days)$983.05
Fees + prepaids$14,047.04
Your down payment is the seller’s equity. You take over the $533,947 balance, so the rest of the $579,900 price is paid at closing. A second mortgage can cover part of it. $59,999.54 is due at closing. Uses and sources reconcile at $593,947.04 each. Not a Closing Disclosure.