Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$348,279Cash toward the purchase price.
Closing costs + prepaids$20,784Not just lender fees.
Before credits & paid funds$369,063The complete starting cash picture.
Estimated remaining funds due at closing
$369,063No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$348,278.87
Your down payment$348,278.87
Closing costs + prepaids$20,783.98
Total buyer cash needed$369,062.85
Remaining funds due$369,062.85
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,890.00
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)$2,472.50
Prepaid interest, first (24 days)$1,196.48
Fees + prepaids$20,783.98
Your down payment is the seller’s equity. You take over the $640,721 balance, so the rest of the $989,000 price is paid at closing. A second mortgage can cover part of it. $369,062.85 is due at closing. Uses and sources reconcile at $1,009,783.98 each. Not a Closing Disclosure.