Follow the dollars · Assumption only
A complete cash picture for Dec 8, 2026
Your down payment$300,595Cash toward the purchase price.
Closing costs + prepaids$16,784Not just lender fees.
Before credits & paid funds$317,379The complete starting cash picture.
Estimated remaining funds due at closing
$317,379No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$300,594.69
Your down payment$300,594.69
Closing costs + prepaids$16,783.88
Total buyer cash needed$317,378.57
Remaining funds due$317,378.57
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$6,899.00
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)$1,685.75
Initial HOA (3 months)$50.01
Prepaid interest, first (24 days)$1,674.12
Fees + prepaids$16,783.88
Your down payment is the seller’s equity. You take over the $389,305 balance, so the rest of the $689,900 price is paid at closing. A second mortgage can cover part of it. $317,378.57 is due at closing. Uses and sources reconcile at $706,683.88 each. Not a Closing Disclosure.