Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$44,004Cash toward the purchase price.
Closing costs + prepaids$17,756Not just lender fees.
Before credits & paid funds$61,760The complete starting cash picture.
Estimated remaining funds due at closing
$61,760No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$44,004.18
Your down payment$44,004.18
Closing costs + prepaids$17,755.85
Total buyer cash needed$61,760.03
Remaining funds due$61,760.03
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)$1,712.50
Prepaid interest, first (23 days)$2,718.35
Fees + prepaids$17,755.85
Your down payment is the seller’s equity. You take over the $640,996 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $61,760.03 is due at closing. Uses and sources reconcile at $702,755.85 each. Not a Closing Disclosure.