Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$355,080Cash toward the purchase price.
Closing costs + prepaids$16,931Not just lender fees.
Before credits & paid funds$372,011The complete starting cash picture.
Estimated remaining funds due at closing
$372,011No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$355,079.66
Your down payment$355,079.66
Closing costs + prepaids$16,931.02
Total buyer cash needed$372,010.68
Remaining funds due$372,010.68
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,990.00
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)$1,747.50
Initial HOA (3 months)$642.00
Prepaid interest, first (25 days)$1,076.52
Fees + prepaids$16,931.02
Your down payment is the seller’s equity. You take over the $343,920 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $372,010.68 is due at closing. Uses and sources reconcile at $715,931.02 each. Not a Closing Disclosure.