Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$119,250Cash toward the purchase price.
Closing costs + prepaids$18,519Not just lender fees.
Before credits & paid funds$137,769The complete starting cash picture.
Estimated remaining funds due at closing
$137,769No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$119,250.19
Your down payment$119,250.19
Closing costs + prepaids$18,518.88
Total buyer cash needed$137,769.07
Remaining funds due$137,769.07
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,090.00
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)$1,772.50
Prepaid interest, first (24 days)$2,431.38
Fees + prepaids$18,518.88
Your down payment is the seller’s equity. You take over the $589,750 balance, so the rest of the $709,000 price is paid at closing. A second mortgage can cover part of it. $137,769.07 is due at closing. Uses and sources reconcile at $727,518.88 each. Not a Closing Disclosure.