Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$109,006Cash toward the purchase price.
Closing costs + prepaids$17,779Not just lender fees.
Before credits & paid funds$126,784The complete starting cash picture.
Estimated remaining funds due at closing
$126,784No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$109,005.55
Your down payment$109,005.55
Closing costs + prepaids$17,778.94
Total buyer cash needed$126,784.50
Remaining funds due$126,784.50
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,945.00
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)$1,736.25
Prepaid interest, first (25 days)$2,622.69
Fees + prepaids$17,778.94
Your down payment is the seller’s equity. You take over the $585,494 balance, so the rest of the $694,500 price is paid at closing. A second mortgage can cover part of it. $126,784.50 is due at closing. Uses and sources reconcile at $712,278.94 each. Not a Closing Disclosure.