Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$339,624Cash toward the purchase price.
Closing costs + prepaids$16,239Not just lender fees.
Before credits & paid funds$355,862The complete starting cash picture.
Estimated remaining funds due at closing
$355,862No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$339,623.54
Your down payment$339,623.54
Closing costs + prepaids$16,238.94
Total buyer cash needed$355,862.49
Remaining funds due$355,862.49
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,999.50
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$1,750.00
Prepaid interest, first (28 days)$1,014.44
Fees + prepaids$16,238.94
Your down payment is the seller’s equity. You take over the $360,326 balance, so the rest of the $699,950 price is paid at closing. A second mortgage can cover part of it. $355,862.49 is due at closing. Uses and sources reconcile at $716,188.94 each. Not a Closing Disclosure.