Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$467,637Cash toward the purchase price.
Closing costs + prepaids$19,831Not just lender fees.
Before credits & paid funds$487,468The complete starting cash picture.
Estimated remaining funds due at closing
$487,468No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$467,637.06
Your down payment$467,637.06
Closing costs + prepaids$19,831.01
Total buyer cash needed$487,468.08
Remaining funds due$487,468.08
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$8,750.00
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)$2,187.50
Prepaid interest, first (23 days)$1,668.51
Fees + prepaids$19,831.01
Your down payment is the seller’s equity. You take over the $407,363 balance, so the rest of the $875,000 price is paid at closing. A second mortgage can cover part of it. $487,468.08 is due at closing. Uses and sources reconcile at $894,831.01 each. Not a Closing Disclosure.