Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$356,746Cash toward the purchase price.
Closing costs + prepaids$14,418Not just lender fees.
Before credits & paid funds$371,164The complete starting cash picture.
Estimated remaining funds due at closing
$371,164No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$356,746.36
Your down payment$356,746.36
Closing costs + prepaids$14,417.73
Total buyer cash needed$371,164.09
Remaining funds due$371,164.09
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,890.00
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)$288.00
Prepaid interest, first (31 days)$764.73
Fees + prepaids$14,417.73
Your down payment is the seller’s equity. You take over the $332,254 balance, so the rest of the $689,000 price is paid at closing. A second mortgage can cover part of it. $371,164.09 is due at closing. Uses and sources reconcile at $703,417.73 each. Not a Closing Disclosure.