Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$62,710Cash toward the purchase price.
Closing costs + prepaids$18,612Not just lender fees.
Before credits & paid funds$81,321The complete starting cash picture.
Estimated remaining funds due at closing
$81,321No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$62,709.56
Your down payment$62,709.56
Closing costs + prepaids$18,611.63
Total buyer cash needed$81,321.19
Remaining funds due$81,321.19
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,950.00
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)$1,737.50
Initial HOA (3 months)$780.00
Prepaid interest, first (24 days)$2,669.13
Fees + prepaids$18,611.63
Your down payment is the seller’s equity. You take over the $632,290 balance, so the rest of the $695,000 price is paid at closing. A second mortgage can cover part of it. $81,321.19 is due at closing. Uses and sources reconcile at $713,611.63 each. Not a Closing Disclosure.