Follow the dollars · Assumption only
A complete cash picture for Dec 1, 2026
Your down payment$204,292Cash toward the purchase price.
Closing costs + prepaids$18,330Not just lender fees.
Before credits & paid funds$222,621The complete starting cash picture.
Estimated remaining funds due at closing
$222,621No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$204,291.65
Your down payment$204,291.65
Closing costs + prepaids$18,329.55
Total buyer cash needed$222,621.19
Remaining funds due$222,621.19
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,050.00
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)$906.50
Initial HOA (3 months)$201.00
Prepaid interest, first (31 days)$2,947.05
Fees + prepaids$18,329.55
Your down payment is the seller’s equity. You take over the $500,708 balance, so the rest of the $705,000 price is paid at closing. A second mortgage can cover part of it. $222,621.19 is due at closing. Uses and sources reconcile at $723,329.55 each. Not a Closing Disclosure.