Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$299,036Cash toward the purchase price.
Closing costs + prepaids$14,978Not just lender fees.
Before credits & paid funds$314,015The complete starting cash picture.
Estimated remaining funds due at closing
$314,015No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$299,036.44
Your down payment$299,036.44
Closing costs + prepaids$14,978.43
Total buyer cash needed$314,014.86
Remaining funds due$314,014.86
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,200.00
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)$1,550.00
Prepaid interest, first (28 days)$753.43
Fees + prepaids$14,978.43
Your down payment is the seller’s equity. You take over the $320,964 balance, so the rest of the $620,000 price is paid at closing. A second mortgage can cover part of it. $314,014.86 is due at closing. Uses and sources reconcile at $634,978.43 each. Not a Closing Disclosure.