Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$389,263Cash toward the purchase price.
Closing costs + prepaids$26,806Not just lender fees.
Before credits & paid funds$416,070The complete starting cash picture.
Estimated remaining funds due at closing
$416,070No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$389,263.46
Your down payment$389,263.46
Closing costs + prepaids$26,806.09
Total buyer cash needed$416,069.54
Remaining funds due$416,069.54
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,500.00
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)$3,125.00
Prepaid interest, first (24 days)$3,956.09
Fees + prepaids$26,806.09
Your down payment is the seller’s equity. You take over the $860,737 balance, so the rest of the $1,250,000 price is paid at closing. A second mortgage can cover part of it. $416,069.54 is due at closing. Uses and sources reconcile at $1,276,806.09 each. Not a Closing Disclosure.