Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$295,242Cash toward the purchase price.
Closing costs + prepaids$15,597Not just lender fees.
Before credits & paid funds$310,839The complete starting cash picture.
Estimated remaining funds due at closing
$310,839No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$295,241.58
Your down payment$295,241.58
Closing costs + prepaids$15,597.28
Total buyer cash needed$310,838.86
Remaining funds due$310,838.86
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,900.00
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)$1,138.50
Initial HOA (3 months)$105.00
Prepaid interest, first (25 days)$978.78
Fees + prepaids$15,597.28
Your down payment is the seller’s equity. You take over the $394,758 balance, so the rest of the $690,000 price is paid at closing. A second mortgage can cover part of it. $310,838.86 is due at closing. Uses and sources reconcile at $705,597.28 each. Not a Closing Disclosure.