Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$407,003Cash toward the purchase price.
Closing costs + prepaids$25,919Not just lender fees.
Before credits & paid funds$432,922The complete starting cash picture.
Estimated remaining funds due at closing
$432,922No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$407,002.51
Your down payment$407,002.51
Closing costs + prepaids$25,919.09
Total buyer cash needed$432,921.59
Remaining funds due$432,921.59
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,450.00
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)$3,112.50
Prepaid interest, first (22 days)$3,131.59
Fees + prepaids$25,919.09
Your down payment is the seller’s equity. You take over the $837,997 balance, so the rest of the $1,245,000 price is paid at closing. A second mortgage can cover part of it. $432,921.59 is due at closing. Uses and sources reconcile at $1,270,919.09 each. Not a Closing Disclosure.