Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$120,225Cash toward the purchase price.
Closing costs + prepaids$15,175Not just lender fees.
Before credits & paid funds$135,400The complete starting cash picture.
Estimated remaining funds due at closing
$135,400No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$120,224.91
Your down payment$120,224.91
Closing costs + prepaids$15,175.45
Total buyer cash needed$135,400.36
Remaining funds due$135,400.36
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,950.00
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)$620.25
Initial HOA (3 months)$2,042.01
Prepaid interest, first (1 days)$88.19
Fees + prepaids$15,175.45
Your down payment is the seller’s equity. You take over the $474,775 balance, so the rest of the $595,000 price is paid at closing. A second mortgage can cover part of it. $135,400.36 is due at closing. Uses and sources reconcile at $610,175.45 each. Not a Closing Disclosure.