Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$221,146Cash toward the purchase price.
Closing costs + prepaids$17,249Not just lender fees.
Before credits & paid funds$238,395The complete starting cash picture.
Estimated remaining funds due at closing
$238,395No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$221,145.70
Your down payment$221,145.70
Closing costs + prepaids$17,249.39
Total buyer cash needed$238,395.09
Remaining funds due$238,395.09
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,150.00
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)$1,787.50
Prepaid interest, first (29 days)$1,086.89
Fees + prepaids$17,249.39
Your down payment is the seller’s equity. You take over the $493,854 balance, so the rest of the $715,000 price is paid at closing. A second mortgage can cover part of it. $238,395.09 is due at closing. Uses and sources reconcile at $732,249.39 each. Not a Closing Disclosure.