Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$534,921Cash toward the purchase price.
Closing costs + prepaids$15,806Not just lender fees.
Before credits & paid funds$550,726The complete starting cash picture.
Estimated remaining funds due at closing
$550,726No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$534,920.75
Your down payment$534,920.75
Closing costs + prepaids$15,805.55
Total buyer cash needed$550,726.31
Remaining funds due$550,726.31
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,850.00
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)$1,712.50
Initial HOA (3 months)$435.00
Prepaid interest, first (27 days)$333.05
Fees + prepaids$15,805.55
Your down payment is the seller’s equity. You take over the $150,079 balance, so the rest of the $685,000 price is paid at closing. A second mortgage can cover part of it. $550,726.31 is due at closing. Uses and sources reconcile at $700,805.55 each. Not a Closing Disclosure.