Follow the dollars · Assumption only
A complete cash picture for Dec 10, 2026
Your down payment$950,474Cash toward the purchase price.
Closing costs + prepaids$18,506Not just lender fees.
Before credits & paid funds$968,980The complete starting cash picture.
Estimated remaining funds due at closing
$968,980No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$950,473.65
Your down payment$950,473.65
Closing costs + prepaids$18,506.00
Total buyer cash needed$968,979.65
Remaining funds due$968,979.65
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,888.88
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)$1,231.50
Initial HOA (3 months)$90.00
Prepaid interest, first (22 days)$70.62
Fees + prepaids$18,506.00
Your down payment is the seller’s equity. You take over the $38,414 balance, so the rest of the $988,888 price is paid at closing. A second mortgage can cover part of it. $968,979.65 is due at closing. Uses and sources reconcile at $1,007,394.00 each. Not a Closing Disclosure.