Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$285,557Cash toward the purchase price.
Closing costs + prepaids$15,641Not just lender fees.
Before credits & paid funds$301,199The complete starting cash picture.
Estimated remaining funds due at closing
$301,199No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$285,557.46
Your down payment$285,557.46
Closing costs + prepaids$15,641.17
Total buyer cash needed$301,198.64
Remaining funds due$301,198.64
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,990.00
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)$1,222.25
Initial HOA (3 months)$195.00
Prepaid interest, first (25 days)$758.92
Fees + prepaids$15,641.17
Your down payment is the seller’s equity. You take over the $413,443 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $301,198.64 is due at closing. Uses and sources reconcile at $714,641.17 each. Not a Closing Disclosure.