Follow the dollars · Assumption only
A complete cash picture for Dec 7, 2026
Your down payment$1,243,780Cash toward the purchase price.
Closing costs + prepaids$23,316Not just lender fees.
Before credits & paid funds$1,267,096The complete starting cash picture.
Estimated remaining funds due at closing
$1,267,096No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,243,779.69
Your down payment$1,243,779.69
Closing costs + prepaids$23,315.82
Total buyer cash needed$1,267,095.51
Remaining funds due$1,267,095.51
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,750.00
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)$3,187.50
Prepaid interest, first (25 days)$153.32
Fees + prepaids$23,315.82
Your down payment is the seller’s equity. You take over the $31,220 balance, so the rest of the $1,275,000 price is paid at closing. A second mortgage can cover part of it. $1,267,095.51 is due at closing. Uses and sources reconcile at $1,298,315.82 each. Not a Closing Disclosure.