Follow the dollars · Assumption only
A complete cash picture for Dec 12, 2026
Your down payment$72,533Cash toward the purchase price.
Closing costs + prepaids$14,616Not just lender fees.
Before credits & paid funds$87,150The complete starting cash picture.
Estimated remaining funds due at closing
$87,150No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$72,533.17
Your down payment$72,533.17
Closing costs + prepaids$14,616.44
Total buyer cash needed$87,149.61
Remaining funds due$87,149.61
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)$457.25
Prepaid interest, first (20 days)$1,794.19
Fees + prepaids$14,616.44
Your down payment is the seller’s equity. You take over the $516,467 balance, so the rest of the $589,000 price is paid at closing. A second mortgage can cover part of it. $87,149.61 is due at closing. Uses and sources reconcile at $603,616.44 each. Not a Closing Disclosure.