Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$371,706Cash toward the purchase price.
Closing costs + prepaids$29,100Not just lender fees.
Before credits & paid funds$400,806The complete starting cash picture.
Estimated remaining funds due at closing
$400,806No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$371,706.36
Your down payment$371,706.36
Closing costs + prepaids$29,099.60
Total buyer cash needed$400,805.96
Remaining funds due$400,805.96
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$15,000.00
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)$3,750.00
Prepaid interest, first (28 days)$3,124.60
Fees + prepaids$29,099.60
Your down payment is the seller’s equity. You take over the $1,128,294 balance, so the rest of the $1,500,000 price is paid at closing. A second mortgage can cover part of it. $400,805.96 is due at closing. Uses and sources reconcile at $1,529,099.60 each. Not a Closing Disclosure.