Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$549,547Cash toward the purchase price.
Closing costs + prepaids$15,733Not just lender fees.
Before credits & paid funds$565,280The complete starting cash picture.
Estimated remaining funds due at closing
$565,280No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$549,546.87
Your down payment$549,546.87
Closing costs + prepaids$15,732.87
Total buyer cash needed$565,279.75
Remaining funds due$565,279.75
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,970.00
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)$1,742.50
Prepaid interest, first (27 days)$545.37
Fees + prepaids$15,732.87
Your down payment is the seller’s equity. You take over the $147,453 balance, so the rest of the $697,000 price is paid at closing. A second mortgage can cover part of it. $565,279.75 is due at closing. Uses and sources reconcile at $712,732.87 each. Not a Closing Disclosure.