Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$405,380Cash toward the purchase price.
Closing costs + prepaids$29,516Not just lender fees.
Before credits & paid funds$434,896The complete starting cash picture.
Estimated remaining funds due at closing
$434,896No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$405,380.33
Your down payment$405,380.33
Closing costs + prepaids$29,516.11
Total buyer cash needed$434,896.44
Remaining funds due$434,896.44
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$15,750.00
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)$3,937.50
Prepaid interest, first (25 days)$2,603.61
Fees + prepaids$29,516.11
Your down payment is the seller’s equity. You take over the $1,169,620 balance, so the rest of the $1,575,000 price is paid at closing. A second mortgage can cover part of it. $434,896.44 is due at closing. Uses and sources reconcile at $1,604,516.11 each. Not a Closing Disclosure.