Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$300,557Cash toward the purchase price.
Closing costs + prepaids$16,533Not just lender fees.
Before credits & paid funds$317,091The complete starting cash picture.
Estimated remaining funds due at closing
$317,091No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$300,557.50
Your down payment$300,557.50
Closing costs + prepaids$16,533.14
Total buyer cash needed$317,090.63
Remaining funds due$317,090.63
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)$1,552.25
Initial HOA (3 months)$126.99
Prepaid interest, first (24 days)$1,378.90
Fees + prepaids$16,533.14
Your down payment is the seller’s equity. You take over the $399,443 balance, so the rest of the $700,000 price is paid at closing. A second mortgage can cover part of it. $317,090.63 is due at closing. Uses and sources reconcile at $716,533.14 each. Not a Closing Disclosure.