Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$697,470Cash toward the purchase price.
Closing costs + prepaids$24,076Not just lender fees.
Before credits & paid funds$721,547The complete starting cash picture.
Estimated remaining funds due at closing
$721,547No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$697,470.50
Your down payment$697,470.50
Closing costs + prepaids$24,076.33
Total buyer cash needed$721,546.83
Remaining funds due$721,546.83
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,499.95
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)$3,125.00
Initial HOA (3 months)$255.00
Prepaid interest, first (23 days)$971.38
Fees + prepaids$24,076.33
Your down payment is the seller’s equity. You take over the $552,525 balance, so the rest of the $1,249,995 price is paid at closing. A second mortgage can cover part of it. $721,546.83 is due at closing. Uses and sources reconcile at $1,274,071.33 each. Not a Closing Disclosure.