Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$908,009Cash toward the purchase price.
Closing costs + prepaids$23,872Not just lender fees.
Before credits & paid funds$931,881The complete starting cash picture.
Estimated remaining funds due at closing
$931,881No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$908,009.25
Your down payment$908,009.25
Closing costs + prepaids$23,872.14
Total buyer cash needed$931,881.39
Remaining funds due$931,881.39
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,230.00
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)$3,057.50
Prepaid interest, first (23 days)$1,359.64
Fees + prepaids$23,872.14
Your down payment is the seller’s equity. You take over the $314,991 balance, so the rest of the $1,223,000 price is paid at closing. A second mortgage can cover part of it. $931,881.39 is due at closing. Uses and sources reconcile at $1,246,872.14 each. Not a Closing Disclosure.