Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$295,543Cash toward the purchase price.
Closing costs + prepaids$17,139Not just lender fees.
Before credits & paid funds$312,682The complete starting cash picture.
Estimated remaining funds due at closing
$312,682No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$295,543.15
Your down payment$295,543.15
Closing costs + prepaids$17,139.35
Total buyer cash needed$312,682.49
Remaining funds due$312,682.49
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,899.00
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)$1,724.75
Initial HOA (3 months)$1,146.00
Prepaid interest, first (24 days)$894.60
Fees + prepaids$17,139.35
Your down payment is the seller’s equity. You take over the $394,357 balance, so the rest of the $689,900 price is paid at closing. A second mortgage can cover part of it. $312,682.49 is due at closing. Uses and sources reconcile at $707,039.35 each. Not a Closing Disclosure.