Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$244,023Cash toward the purchase price.
Closing costs + prepaids$21,975Not just lender fees.
Before credits & paid funds$265,998The complete starting cash picture.
Estimated remaining funds due at closing
$265,998No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$244,023.07
Your down payment$244,023.07
Closing costs + prepaids$21,975.01
Total buyer cash needed$265,998.08
Remaining funds due$265,998.08
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,490.00
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)$2,372.50
Prepaid interest, first (23 days)$2,887.51
Fees + prepaids$21,975.01
Your down payment is the seller’s equity. You take over the $704,977 balance, so the rest of the $949,000 price is paid at closing. A second mortgage can cover part of it. $265,998.08 is due at closing. Uses and sources reconcile at $970,975.01 each. Not a Closing Disclosure.