Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$338,377Cash toward the purchase price.
Closing costs + prepaids$22,797Not just lender fees.
Before credits & paid funds$361,174The complete starting cash picture.
Estimated remaining funds due at closing
$361,174No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$338,376.88
Your down payment$338,376.88
Closing costs + prepaids$22,796.80
Total buyer cash needed$361,173.68
Remaining funds due$361,173.68
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,980.00
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)$2,495.00
Prepaid interest, first (28 days)$3,096.80
Fees + prepaids$22,796.80
Your down payment is the seller’s equity. You take over the $659,623 balance, so the rest of the $998,000 price is paid at closing. A second mortgage can cover part of it. $361,173.68 is due at closing. Uses and sources reconcile at $1,020,796.80 each. Not a Closing Disclosure.