Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$301,531Cash toward the purchase price.
Closing costs + prepaids$16,342Not just lender fees.
Before credits & paid funds$317,873The complete starting cash picture.
Estimated remaining funds due at closing
$317,873No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$301,531.33
Your down payment$301,531.33
Closing costs + prepaids$16,342.08
Total buyer cash needed$317,873.41
Remaining funds due$317,873.41
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$7,090.00
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)$379.50
Initial HOA (3 months)$135.00
Prepaid interest, first (23 days)$1,512.58
Fees + prepaids$16,342.08
Your down payment is the seller’s equity. You take over the $407,469 balance, so the rest of the $709,000 price is paid at closing. A second mortgage can cover part of it. $317,873.41 is due at closing. Uses and sources reconcile at $725,342.08 each. Not a Closing Disclosure.