Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$394,965Cash toward the purchase price.
Closing costs + prepaids$16,606Not just lender fees.
Before credits & paid funds$411,570The complete starting cash picture.
Estimated remaining funds due at closing
$411,570No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$394,964.79
Your down payment$394,964.79
Closing costs + prepaids$16,605.52
Total buyer cash needed$411,570.31
Remaining funds due$411,570.31
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)$2,089.75
Initial HOA (3 months)$519.00
Prepaid interest, first (24 days)$531.77
Fees + prepaids$16,605.52
Your down payment is the seller’s equity. You take over the $304,035 balance, so the rest of the $699,000 price is paid at closing. A second mortgage can cover part of it. $411,570.31 is due at closing. Uses and sources reconcile at $715,605.52 each. Not a Closing Disclosure.