Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$1,212,933Cash toward the purchase price.
Closing costs + prepaids$25,219Not just lender fees.
Before credits & paid funds$1,238,152The complete starting cash picture.
Estimated remaining funds due at closing
$1,238,152No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,212,933.07
Your down payment$1,212,933.07
Closing costs + prepaids$25,218.76
Total buyer cash needed$1,238,151.83
Remaining funds due$1,238,151.83
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$14,990.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,468.50
Initial HOA (3 months)$267.00
Prepaid interest, first (31 days)$1,268.26
Fees + prepaids$25,218.76
Your down payment is the seller’s equity. You take over the $286,067 balance, so the rest of the $1,499,000 price is paid at closing. A second mortgage can cover part of it. $1,238,151.83 is due at closing. Uses and sources reconcile at $1,524,218.76 each. Not a Closing Disclosure.