Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$395,579Cash toward the purchase price.
Closing costs + prepaids$16,893Not just lender fees.
Before credits & paid funds$412,471The complete starting cash picture.
Estimated remaining funds due at closing
$412,471No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$395,578.63
Your down payment$395,578.63
Closing costs + prepaids$16,892.69
Total buyer cash needed$412,471.32
Remaining funds due$412,471.32
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,050.00
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)$1,762.50
Prepaid interest, first (26 days)$855.19
Fees + prepaids$16,892.69
Your down payment is the seller’s equity. You take over the $309,421 balance, so the rest of the $705,000 price is paid at closing. A second mortgage can cover part of it. $412,471.32 is due at closing. Uses and sources reconcile at $721,892.69 each. Not a Closing Disclosure.