Follow the dollars · Assumption only
A complete cash picture for Nov 30, 2026
Your down payment$60,988Cash toward the purchase price.
Closing costs + prepaids$13,073Not just lender fees.
Before credits & paid funds$74,061The complete starting cash picture.
Estimated remaining funds due at closing
$74,061No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$60,987.84
Your down payment$60,987.84
Closing costs + prepaids$13,073.05
Total buyer cash needed$74,060.89
Remaining funds due$74,060.89
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,490.00
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)$777.00
Initial HOA (3 months)$240.00
Prepaid interest, first (1 days)$91.05
Fees + prepaids$13,073.05
Your down payment is the seller’s equity. You take over the $488,012 balance, so the rest of the $549,000 price is paid at closing. A second mortgage can cover part of it. $74,060.89 is due at closing. Uses and sources reconcile at $562,073.05 each. Not a Closing Disclosure.