Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$462,991Cash toward the purchase price.
Closing costs + prepaids$15,166Not just lender fees.
Before credits & paid funds$478,158The complete starting cash picture.
Estimated remaining funds due at closing
$478,158No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$462,991.50
Your down payment$462,991.50
Closing costs + prepaids$15,166.40
Total buyer cash needed$478,157.89
Remaining funds due$478,157.89
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,990.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$846.25
Initial HOA (3 months)$222.00
Prepaid interest, first (24 days)$633.15
Fees + prepaids$15,166.40
Your down payment is the seller’s equity. You take over the $236,009 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $478,157.89 is due at closing. Uses and sources reconcile at $714,166.40 each. Not a Closing Disclosure.