Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$795,145Cash toward the purchase price.
Closing costs + prepaids$20,007Not just lender fees.
Before credits & paid funds$815,153The complete starting cash picture.
Estimated remaining funds due at closing
$815,153No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$795,145.05
Your down payment$795,145.05
Closing costs + prepaids$20,007.50
Total buyer cash needed$815,152.55
Remaining funds due$815,152.55
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,750.00
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)$2,437.50
Prepaid interest, first (23 days)$595.00
Fees + prepaids$20,007.50
Your down payment is the seller’s equity. You take over the $179,855 balance, so the rest of the $975,000 price is paid at closing. A second mortgage can cover part of it. $815,152.55 is due at closing. Uses and sources reconcile at $995,007.50 each. Not a Closing Disclosure.