Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$199,002Cash toward the purchase price.
Closing costs + prepaids$16,514Not just lender fees.
Before credits & paid funds$215,516The complete starting cash picture.
Estimated remaining funds due at closing
$215,516No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$199,002.44
Your down payment$199,002.44
Closing costs + prepaids$16,513.61
Total buyer cash needed$215,516.05
Remaining funds due$215,516.05
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,850.00
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)$1,840.00
Initial HOA (3 months)$240.00
Prepaid interest, first (23 days)$1,108.61
Fees + prepaids$16,513.61
Your down payment is the seller’s equity. You take over the $485,998 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $215,516.05 is due at closing. Uses and sources reconcile at $701,513.61 each. Not a Closing Disclosure.