Follow the dollars · Assumption only
A complete cash picture for Dec 4, 2026
Your down payment$225,892Cash toward the purchase price.
Closing costs + prepaids$21,072Not just lender fees.
Before credits & paid funds$246,964The complete starting cash picture.
Estimated remaining funds due at closing
$246,964No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$225,892.11
Your down payment$225,892.11
Closing costs + prepaids$21,071.95
Total buyer cash needed$246,964.07
Remaining funds due$246,964.07
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$9,500.00
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)$2,375.00
Prepaid interest, first (28 days)$1,971.95
Fees + prepaids$21,071.95
Your down payment is the seller’s equity. You take over the $724,108 balance, so the rest of the $950,000 price is paid at closing. A second mortgage can cover part of it. $246,964.07 is due at closing. Uses and sources reconcile at $971,071.95 each. Not a Closing Disclosure.