Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$467,563Cash toward the purchase price.
Closing costs + prepaids$15,080Not just lender fees.
Before credits & paid funds$482,643The complete starting cash picture.
Estimated remaining funds due at closing
$482,643No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$467,563.20
Your down payment$467,563.20
Closing costs + prepaids$15,079.59
Total buyer cash needed$482,642.79
Remaining funds due$482,642.79
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,970.00
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)$1,127.00
Prepaid interest, first (25 days)$507.59
Fees + prepaids$15,079.59
Your down payment is the seller’s equity. You take over the $229,437 balance, so the rest of the $697,000 price is paid at closing. A second mortgage can cover part of it. $482,642.79 is due at closing. Uses and sources reconcile at $712,079.59 each. Not a Closing Disclosure.