Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$631,665Cash toward the purchase price.
Closing costs + prepaids$15,558Not just lender fees.
Before credits & paid funds$647,223The complete starting cash picture.
Estimated remaining funds due at closing
$647,223No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$631,665.01
Your down payment$631,665.01
Closing costs + prepaids$15,558.07
Total buyer cash needed$647,223.08
Remaining funds due$647,223.08
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,990.00
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)$1,747.50
Prepaid interest, first (28 days)$345.57
Fees + prepaids$15,558.07
Your down payment is the seller’s equity. You take over the $67,335 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $647,223.08 is due at closing. Uses and sources reconcile at $714,558.07 each. Not a Closing Disclosure.