Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$685,492Cash toward the purchase price.
Closing costs + prepaids$16,489Not just lender fees.
Before credits & paid funds$701,980The complete starting cash picture.
Estimated remaining funds due at closing
$701,980No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$685,491.75
Your down payment$685,491.75
Closing costs + prepaids$16,488.74
Total buyer cash needed$701,980.50
Remaining funds due$701,980.50
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,250.00
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)$1,812.50
Prepaid interest, first (28 days)$201.24
Fees + prepaids$16,488.74
Your down payment is the seller’s equity. You take over the $39,508 balance, so the rest of the $725,000 price is paid at closing. A second mortgage can cover part of it. $701,980.50 is due at closing. Uses and sources reconcile at $741,488.74 each. Not a Closing Disclosure.