Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$479,870Cash toward the purchase price.
Closing costs + prepaids$17,641Not just lender fees.
Before credits & paid funds$497,511The complete starting cash picture.
Estimated remaining funds due at closing
$497,511No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$479,869.57
Your down payment$479,869.57
Closing costs + prepaids$17,641.22
Total buyer cash needed$497,510.79
Remaining funds due$497,510.79
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,999.00
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)$1,749.75
Initial HOA (3 months)$1,890.00
Prepaid interest, first (25 days)$527.47
Fees + prepaids$17,641.22
Your down payment is the seller’s equity. You take over the $220,030 balance, so the rest of the $699,900 price is paid at closing. A second mortgage can cover part of it. $497,510.79 is due at closing. Uses and sources reconcile at $717,541.22 each. Not a Closing Disclosure.