Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$920,972Cash toward the purchase price.
Closing costs + prepaids$19,042Not just lender fees.
Before credits & paid funds$940,014The complete starting cash picture.
Estimated remaining funds due at closing
$940,014No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$920,972.11
Your down payment$920,972.11
Closing costs + prepaids$19,041.59
Total buyer cash needed$940,013.70
Remaining funds due$940,013.70
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$10,000.00
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)$1,397.50
Initial HOA (3 months)$258.00
Prepaid interest, first (24 days)$161.09
Fees + prepaids$19,041.59
Your down payment is the seller’s equity. You take over the $79,028 balance, so the rest of the $1,000,000 price is paid at closing. A second mortgage can cover part of it. $940,013.70 is due at closing. Uses and sources reconcile at $1,019,041.59 each. Not a Closing Disclosure.