Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$639,315Cash toward the purchase price.
Closing costs + prepaids$15,547Not just lender fees.
Before credits & paid funds$654,863The complete starting cash picture.
Estimated remaining funds due at closing
$654,863No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$639,315.38
Your down payment$639,315.38
Closing costs + prepaids$15,547.14
Total buyer cash needed$654,862.52
Remaining funds due$654,862.52
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,000.00
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)$1,750.00
Prepaid interest, first (28 days)$322.14
Fees + prepaids$15,547.14
Your down payment is the seller’s equity. You take over the $60,685 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $654,862.52 is due at closing. Uses and sources reconcile at $715,547.14 each. Not a Closing Disclosure.