Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$1,097,306Cash toward the purchase price.
Closing costs + prepaids$35,863Not just lender fees.
Before credits & paid funds$1,133,168The complete starting cash picture.
Estimated remaining funds due at closing
$1,133,168No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,097,305.90
Your down payment$1,097,305.90
Closing costs + prepaids$35,862.54
Total buyer cash needed$1,133,168.44
Remaining funds due$1,133,168.44
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$19,500.00
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)$6,567.25
Initial HOA (3 months)$350.01
Prepaid interest, first (24 days)$2,220.28
Fees + prepaids$35,862.54
Your down payment is the seller’s equity. You take over the $852,694 balance, so the rest of the $1,950,000 price is paid at closing. A second mortgage can cover part of it. $1,133,168.44 is due at closing. Uses and sources reconcile at $1,985,862.54 each. Not a Closing Disclosure.