Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$1,251,851Cash toward the purchase price.
Closing costs + prepaids$23,705Not just lender fees.
Before credits & paid funds$1,275,556The complete starting cash picture.
Estimated remaining funds due at closing
$1,275,556No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,251,851.44
Your down payment$1,251,851.44
Closing costs + prepaids$23,704.90
Total buyer cash needed$1,275,556.34
Remaining funds due$1,275,556.34
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,990.00
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)$3,247.50
Prepaid interest, first (27 days)$242.40
Fees + prepaids$23,704.90
Your down payment is the seller’s equity. You take over the $47,149 balance, so the rest of the $1,299,000 price is paid at closing. A second mortgage can cover part of it. $1,275,556.34 is due at closing. Uses and sources reconcile at $1,322,704.90 each. Not a Closing Disclosure.