Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$1,037,725Cash toward the purchase price.
Closing costs + prepaids$21,061Not just lender fees.
Before credits & paid funds$1,058,786The complete starting cash picture.
Estimated remaining funds due at closing
$1,058,786No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,037,725.01
Your down payment$1,037,725.01
Closing costs + prepaids$21,061.03
Total buyer cash needed$1,058,786.05
Remaining funds due$1,058,786.05
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$10,880.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$2,720.00
Prepaid interest, first (28 days)$236.03
Fees + prepaids$21,061.03
Your down payment is the seller’s equity. You take over the $50,275 balance, so the rest of the $1,088,000 price is paid at closing. A second mortgage can cover part of it. $1,058,786.05 is due at closing. Uses and sources reconcile at $1,109,061.03 each. Not a Closing Disclosure.