Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$503,493Cash toward the purchase price.
Closing costs + prepaids$25,450Not just lender fees.
Before credits & paid funds$528,943The complete starting cash picture.
Estimated remaining funds due at closing
$528,943No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$503,492.77
Your down payment$503,492.77
Closing costs + prepaids$25,449.92
Total buyer cash needed$528,942.69
Remaining funds due$528,942.69
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,000.00
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)$3,000.00
Prepaid interest, first (26 days)$3,224.92
Fees + prepaids$25,449.92
Your down payment is the seller’s equity. You take over the $696,507 balance, so the rest of the $1,200,000 price is paid at closing. A second mortgage can cover part of it. $528,942.69 is due at closing. Uses and sources reconcile at $1,225,449.92 each. Not a Closing Disclosure.