Follow the dollars · Assumption only
A complete cash picture for Dec 3, 2026
Your down payment$1,231,757Cash toward the purchase price.
Closing costs + prepaids$20,548Not just lender fees.
Before credits & paid funds$1,252,305The complete starting cash picture.
Estimated remaining funds due at closing
$1,252,305No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$1,231,756.54
Your down payment$1,231,756.54
Closing costs + prepaids$20,548.38
Total buyer cash needed$1,252,304.92
Remaining funds due$1,252,304.92
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$12,500.00
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)$779.75
Prepaid interest, first (29 days)$43.63
Fees + prepaids$20,548.38
Your down payment is the seller’s equity. You take over the $18,243 balance, so the rest of the $1,250,000 price is paid at closing. A second mortgage can cover part of it. $1,252,304.92 is due at closing. Uses and sources reconcile at $1,270,548.38 each. Not a Closing Disclosure.