Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$60,772Cash toward the purchase price.
Closing costs + prepaids$14,199Not just lender fees.
Before credits & paid funds$74,971The complete starting cash picture.
Estimated remaining funds due at closing
$74,971No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,772.20
Your down payment$60,772.20
Closing costs + prepaids$14,199.26
Total buyer cash needed$74,971.46
Remaining funds due$74,971.46
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,540.00
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)$664.75
Initial HOA (3 months)$579.00
Prepaid interest, first (10 days)$940.51
Fees + prepaids$14,199.26
Your down payment is the seller’s equity. You take over the $493,228 balance, so the rest of the $554,000 price is paid at closing. A second mortgage can cover part of it. $74,971.46 is due at closing. Uses and sources reconcile at $568,199.26 each. Not a Closing Disclosure.