Follow the dollars · Assumption only
A complete cash picture for Dec 6, 2026
Your down payment$354,508Cash toward the purchase price.
Closing costs + prepaids$20,778Not just lender fees.
Before credits & paid funds$375,285The complete starting cash picture.
Estimated remaining funds due at closing
$375,285No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$354,507.77
Your down payment$354,507.77
Closing costs + prepaids$20,777.71
Total buyer cash needed$375,285.48
Remaining funds due$375,285.48
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,600.00
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)$2,400.00
Prepaid interest, first (26 days)$1,552.71
Fees + prepaids$20,777.71
Your down payment is the seller’s equity. You take over the $605,492 balance, so the rest of the $960,000 price is paid at closing. A second mortgage can cover part of it. $375,285.48 is due at closing. Uses and sources reconcile at $980,777.71 each. Not a Closing Disclosure.