Follow the dollars · Assumption only
A complete cash picture for Dec 27, 2026
Your down payment$337,748Cash toward the purchase price.
Closing costs + prepaids$13,950Not just lender fees.
Before credits & paid funds$351,698The complete starting cash picture.
Estimated remaining funds due at closing
$351,698No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$337,747.81
Your down payment$337,747.81
Closing costs + prepaids$13,949.86
Total buyer cash needed$351,697.67
Remaining funds due$351,697.67
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,850.00
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)$1,491.75
Prepaid interest, first (5 days)$133.11
Fees + prepaids$13,949.86
Your down payment is the seller’s equity. You take over the $247,252 balance, so the rest of the $585,000 price is paid at closing. A second mortgage can cover part of it. $351,697.67 is due at closing. Uses and sources reconcile at $598,949.86 each. Not a Closing Disclosure.